India, May 5 -- Financial services-focussed skilling startup FinX has acquired a 100% stake in the training arm of Bombay Stock Exchange, BSE Institute, for INR 16.9 Cr (nearly $2 Mn) in an all-cash deal.

In a statement, FinX said that the acquisition will enable it to expand its training courses in emerging technology segments such as cybersecurity, data science, AI and IT.

The deal will also enable FinX to further expand its client relationships, training infrastructure and product portfolio.

Commenting on the acquisition, FinX cofounder and chief executive officer Himanshu Vyapak said, "With this enhanced product portfolio, FinX will provide a comprehensive suite of programs to address the evolving needs of both financial services a...