DSP Finance, the non-banking arm of DSP Group, has purchased Volt Money to strengthen its position in the rapidly growing digital loans against mutual funds market in India, enabling faster and more efficient borrowing for investors seeking short-term liquidity.
DSP Finance, the non-banking finance company arm of DSP Group, has bought Salter Technologies, which operates the Volt Money digital lending platform, in a move that deepens its push into loans against financial assets. The size of the transaction was not disclosed, but the deal brings together DSP Finance’s lending capacity with a platform that has focused on speeding up borrowing against mutual funds.
Volt Money is among the earlier entrants in India’s digital loans-against-mutual-funds market, and it says it can release funds in as little as five minutes. That speed matters in a segment designed for investors who want short-term liquidity without exiting long-term holdings. As household wealth in India increasingly shifts towards mutual funds and other financial assets, lenders see room for this form of credit to expand across income groups.
According to DSP Finance chairman Hemendra Kothari, the acquisition is intended to strengthen the firm’s technology-led secured lending capabilities. Jayesh Mehta, the company’s vice-chairman and chief executive, said the combination of Volt Money’s digital expertise with DSP Finance’s lending base could make borrowing against financial assets simpler and more efficient, while keeping customer needs and responsible lending at the centre.
Volt Money co-founder and chief executive Lalit Bihani said the tie-up would help the business combine technology and customer experience with the scale and balance sheet of a larger financial services group. Industry data cited by ICRA in late 2025 described DSP Finance’s loans against mutual funds book as largely digital and operating with limited human intervention, with a loan-to-value ratio of about 45% on approved equity mutual funds. The rating agency also said Volt Money was set to merge with DSP Finance once regulatory approvals were secured, underscoring how closely the two businesses had already been linked before the acquisition.
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