Rose Merc Acquires 30.01% Stake in Virtual Gain Technologies

Rose Merc Limited has completed the acquisition of a 30.01% equity stake in Virtual Gain Technologies Private Limited, a fintech company operating under the brand "Pezon". This acquisition makes Virtual Gain Technologies a board-controlled subsidiary of Rose Merc. Virtual Gain provides digital payment solutions and technology services to businesses across India, operating through an FIU-approved Technical Service Provider framework and has established relationships with major banks. The move aligns with Rose Merc's strategy to expand its presence in the fintech and digital financial services sector, investing in technology-driven businesses with strong growth potential. This strategic investment is expected to accelerate product development and expand merchant reach.