Geojit Financial Services Limited (BSE:532285) is in talks to buy online mutual fund investment platform Funds India from its private equity owners as part of the Kerala-based brokerage's push towards digital transformation. Geojit will buy shares from existing investors including Faering Capital, a fund managed by HDFC Chairman Deepak Parekh's son Aditya Parekh. “The talks are at initial stages. However, it's positive and we are confident of concluding into a positive outcome,” said one of the sources, privy to the negotiation process. The acquisition could help scale up Geojit's online mutual fund business. In response to a query on the matter, Geojit's Managing Director CJ George said, “We constantly explore various opportunities for growth, including inorganic growth. With respect to your specific question we do not have any comments to offer as it is merely speculative at this point of time.” An email sent to fundsindia.com did not elicit any response.