Stockal, a prominent global investing platform, has announced its strategic acquisition of Acru, a company specializing in investment infrastructure tailored for Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs). This acquisition strengthens Stockal’s mission to create a seamless cross-border investment ecosystem, allowing Indian investors to access over 6,000 global securities while enabling NRIs and foreign investors to tap into India’s robust financial markets.

Operating under both SEC and SEBI regulations, Stockal has processed over INR 15,000 crore in transactions, with projections indicating an influx of INR 500 to 1,000 crore in new investments over the next year. The integration of Acru is expected to contribute an estimated USD 1 million in revenue in its first year, further solidifying Stockal’s presence in key international markets such as the Middle East, Southeast Asia, and Africa.

The acquisition will allow Stockal to leverage Acru’s specialized infrastructure to enhance investment options for NRIs, focusing on products like mutual funds, digital gold, and silver, while also expanding into alternative investment funds (AIF) and portfolio management services (PMS). This move positions Stockal to engage with a broader audience, targeting the estimated 30 million NRIs globally.

Sitashwa Srivastava, Co-Founder & CEO of Stockal, expressed excitement about the acquisition, stating, “This enables us to offer a truly holistic infrastructure for cross-border investing.” Similarly, Manjunath Reddy, CEO of Acru, highlighted the synergy, saying the partnership will provide a smoother investing experience and tailored financial solutions for the Indian diaspora.

With ambitions to increase its asset base to over USD 5 billion by FY 2025-26, Stockal is strategically expanding its global footprint, eyeing emerging markets in Indonesia, Malaysia, Vietnam, Ghana, and Nigeria by year-end. The acquisition aligns with the growing demand for access to Indian markets from global investors, as articulated by Gaurav Gulati of Aroa Venture Partners.

As Stockal integrates Acru’s innovative infrastructure, it stands poised to drive significant growth in transaction volumes and further solidify its position as a leader in cross-border investments.