Scripbox buys Bluechip Capital’s mutual fund distribution business
02 Jun 2026, 11:14 AMThe acquisition forms part of Scripbox’s broader strategy to bring independent wealth management businesses into its network.
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Venture capital-backed digital wealth management platform Scripbox has acquired the mutual fund distribution business of Bluechip Capital, a Delhi-NCR-based wealth advisory firm founded by Ravi Kohli over three decades ago.
As part of the transaction, Bluechip Capital’s clients and team members will be integrated into Scripbox, a statement said.
The acquisition forms part of Scripbox’s broader strategy to bring independent wealth management businesses into its network, it added.
With this integration, Bluechip Capital’s customers will gain access to Scripbox’s investment research, portfolio allocation tools, and digital wealth management platform.
Founded in 2012, Scripbox offers investment products including mutual funds, fixed deposits, ETFs, US equities, and the National Pension System (NPS). The company has secured more than $55 million in funding from investors such as Accel, LetsVenture, and DMI, and is currently valued at approximately Rs 1,150 crore.
In FY25, Scripbox reported a profit of Rs 12.7 crore against a loss of Rs 44.7 crore. Its operating revenue increased 27% year-on-year to Rs 107.2 crore. The company has not yet disclosed its FY26 financial results.
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