Rose Merc Limited Acquires 30.01% Stake in Virtual Gain Technologies, Reinforcing Fintech Expansion
Mumbai, June 25, 2026: Rose Merc Limited has successfully completed the acquisition of a 30.01% equity stake in Virtual Gain Technologies Private Limited, making the fintech company a subsidiary of Rose Merc. This strategic transaction marks a significant step for Rose Merc as it expands its footprint within India's growing digital financial services ecosystem.Virtual Gain Technologies operates through its flagship brand Pezon, which provides technology-driven payment solutions and digital services to businesses across India. As an FIU-approved Technical Service Provider (TSP), Pezon focuses on delivering secure and scalable payment infrastructure. The company has established business relationships with key banking institutions including HDFC Bank, RBL Bank, and YES BANK.
The investment aligns directly with Rose Merc's vision to build long-term, technology-driven businesses in sectors exhibiting strong growth potential.
Strategic Importance of the Acquisition
Rose Merc Limited aims to strengthen its presence in financial technology and digital commerce through this strategic move.Mr. Uday Tardalkar, Chairman of Rose Merc Limited, stated that the acquisition is a crucial step toward establishing a meaningful position in India's fintech sector. He noted that "Digital payments and financial technology continue to transform the way businesses operate, and we believe Pezon's technology platform, experienced leadership and banking ecosystem provide an excellent foundation for long-term growth. Together, we intend to build innovative, compliant and scalable financial solutions that create lasting value for customers, partners and shareholders."
Ms. Vaishali Parkar Kumar, Managing Director of Rose Merc Limited, commented on the completion of the deal, noting that the combination of Rose Merc's strategic vision and growth capital with Virtual Gain’s fintech capabilities creates "exciting opportunities to accelerate product development, expand merchant reach and introduce next-generation payment solutions." She added commitment to maintaining high standards of governance and compliance.
Partnerships and Future Outlook
The move represents a defining milestone for the team at Virtual Gain Technologies. Mr. Amit Singh, Co-Founder and CEO of Virtual Gain Technologies, stated that Rose Merc's strategic support will help the company accelerate innovation and strengthen its presence across India's fintech landscape.Ms. Niti Trivedi, Co-Founder and CFO of Virtual Gain Technologies, emphasized that the partnership is built on a shared vision for compliant and scalable fintech infrastructure. She noted their excitement to leverage corporate strength while continuing customer-centric innovation through the Pezon platform, aiming to deliver enhanced value to merchants and banking partners.
The acquisition reinforces Rose Merc's strategy to invest in technology-led businesses that create sustainable long-term value within India's fast-growing digital financial services sector.
About Virtual Gain Technologies Private Limited
Virtual Gain Technologies operates through the Pezon brand, providing digital payment solutions and technology services for businesses and financial institutions. It is an FIU-approved Technical Service Provider (TSP) framework and focuses on delivering secure, scalable, and technology-driven payment solutions for India's digital economy.Stock Price Movement
Rose Merc Ltd settled at ₹62.00 on Thursday, ticking up 0.10% in post-market trading. The shares traded through an intraday range, moving between a low of ₹61.11 and a high of ₹68.76.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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