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Bhavik Koladiya-led Finix Partners acquires fintech startup Slash
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Venture capital firm Finix Partners, led by former BharatPe co-founder Bhavik Koladiya, has acquired fintech startup Slash. The acquisition includes the IP, trademark, and other assets of Slash, while its founders and investors have exited. The Slash App is being revamped and will be relaunched as part of Finix Partners' portfolio. Slash, which operated in the UPI payments and e-commerce domains, had been exploring M&A opportunities and facing a cash crunch. The size of the transaction remains undisclosed.
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