Archive · 3 Oct 2025
Pulse Acquires Nucleus, Eyes IPO, Expanding UK Presence
Imagine a company called Pulse that helps other businesses with money stuff.
They bought another company in the UK, called Nucleus, which also helps businesses with loans.
Pulse is planning to sell shares to the public (IPO) to raise money.
They hope to get a lot of money by the end of 2026.
Pulse is also looking for new investors to help it grow bigger and buy more companies.
Nucleus will keep operating, but the two companies will work together.
Pulse made some money last year and hopes to make even more with this new deal.
Pulse acquired Nucleus Commercial Finance, a UK-based SME loan provider.
The acquisition is valued between ₹450-500 crore.
Pulse aims for a ₹1,000 crore IPO by the end of 2026.
The combined entity expects a ₹500 crore turnover.
Nucleus will operate separately but collaborate on product development.
- Who
- Pulse, a data and SaaS company, acquired Nucleus Commercial Finance.
- What
- Pulse acquired Nucleus Commercial Finance, a UK-based digital lender, in preparation for an IPO.
- When
- The acquisition was announced and Pulse plans an IPO by the end of 2026.
- Where
- The acquisition involves companies operating in the UK.
- Why
- To scale UK operations and prepare for a ₹1,000 crore IPO, with inorganic growth through acquisitions.
- Acquisition Target
- Nucleus Commercial Finance
- Acquisition Valuation
- ₹450-500 crore
- Pulse IPO Target
- ₹1,000 crore by end-2026
- Pulse FY25 Revenue
- ₹52 crore
- Pulse FY25 Net Profit
- ₹17 crore
- Combined Entity Turnover (Expected)
- ₹500 crore