Pravin Jadhav’s Raise Financial acquires stock broker Moneylicious
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Pravin Jadhav led fintech company Raise Financial Services has acquired a 100% stake in Mumbai-based stock broking app Moneylicious. Following the acquisition, Jayprakash Gupta, founder and CEO of Moneylicious has joined Raise as a co-founder and the company will operate as its fully-owned subsidiary, said Raise Financial in a press statement.