On September 10, the BSE faced a brief disruption that impacted various cash segment partitions and speci ...More

On September 10, the BSE faced a brief disruption that impacted various cash segment partitions and specific scrips. Once the exchange addressed the technical glitch, regular operations were restored. However, traders using Zerodha reported issues with outdated prices and order placements on certain contracts. Although Zerodha confirmed the resolution, some users experienced lingering technical difficulties. ...Less

Zerodha founder Nithin Kamath recalled how NSE’s free NSE NOW trading platform helped the brokerage start ...More

Zerodha founder Nithin Kamath recalled how NSE’s free NSE NOW trading platform helped the brokerage start in 2010 when it lacked funds to build its own platform. He also said NSE waived Zerodha’s membership fee and was welcoming during its early days, expressing confidence that NSE’s much-awaited IPO will succeed. ...Less

Zerodha co-founder Nithin Kamath credited Karthik Rangappa as central to building Zerodha Varsity, the br ...More

Zerodha co-founder Nithin Kamath credited Karthik Rangappa as central to building Zerodha Varsity, the brokerage’s free financial education platform. Kamath highlighted Rangappa’s long association, continued contribution and role in expanding Varsity, stressing education rather than customer acquisition as its core purpose. ...Less

Zerodha’s merchant banking licence application has received Sebi clearance, enabling its expansion into i ...More

Zerodha’s merchant banking licence application has received Sebi clearance, enabling its expansion into investment banking after formal registration. The move broadens its financial services portfolio, strengthens its capital markets presence and positions the broker to support companies raising funds through IPOs. ...Less

Zerodha founder Nithin Kamath recalled how a 15-year-old media appearance helped boost the broker’s accou ...More

Zerodha founder Nithin Kamath recalled how a 15-year-old media appearance helped boost the broker’s account openings in its early days. He also revealed that he used the pseudonym “Sachin” and even faked an accent while speaking to a journalist. Kamath later turned to social media as traditional media’s influence waned. ...Less

On September 1, Zerodha Corporate Advisors secured approval from Sebi to function as a merchant banker, f ...More

On September 1, Zerodha Corporate Advisors secured approval from Sebi to function as a merchant banker, following their application back in April. This pivotal approval enables the firm to facilitate initial public offerings and handle various capital market activities. Although the complete registration process with the regulator remains in progress, Zerodha Corporate Advisors is gearing up to launch its new merchant banking services shortly. ...Less

Zerodha VP Dinesh Pai jokingly declared Nikhil Kamath better looking than his brother Nithin on X, asking ...More

Zerodha VP Dinesh Pai jokingly declared Nikhil Kamath better looking than his brother Nithin on X, asking others not to tell Nithin. He eventually found out and cheekily said he would change the website photo to feature Nikhil under his name. The exchange amused social media users, who shared jokes about the Kamath brothers, their similar names and Nikhil's unexpected win in the looks contest. ...Less

On Thursday, the BSE faced technical difficulties, leading to obstacles in executing trades related to fu ...More

On Thursday, the BSE faced technical difficulties, leading to obstacles in executing trades related to futures and options during the crucial weekly Sensex expiry. According to the exchange, there was a short outage that affected specific segments of the cash market. Fortunately, normal operations resumed once the issue was addressed, although brokers reported similar disruptions on their trading platforms that were subsequently rectified. ...Less

Nikhil Kamath’s growing WTF and WTFund profile has ended years of confusion with brother Nithin. Nithin a ...More

Nikhil Kamath’s growing WTF and WTFund profile has ended years of confusion with brother Nithin. Nithin also recalls Zerodha’s early press breakthrough, which nearly doubled monthly account openings and revealed an unexpected growth opportunity. ...Less

The landscape of Indian brokerage firms is changing as smaller platforms enjoy a boom in clientele, leavi ...More

The landscape of Indian brokerage firms is changing as smaller platforms enjoy a boom in clientele, leaving larger firms in a state of flux. Experienced traders are gravitating toward these nimble, innovative platforms that emphasize robust trading capabilities rather than just competitive pricing. In contrast, giants such as Groww, Zerodha, and Angel One are seeing a notable decline in user growth. ...Less

Groww widened its lead in active clients and grew faster in FY26, but Zerodha remained nearly twice as la ...More

Groww widened its lead in active clients and grew faster in FY26, but Zerodha remained nearly twice as large in revenue and profits. As retail trading cooled, Groww is adding products and going upmarket to monetise its larger user base, while Zerodha is protecting its mature profit pool and diversifying beyond broking. ...Less

With this, Upstox will be joining a segment where players such as Vested Finance and IndMoney already pro ...More

With this, Upstox will be joining a segment where players such as Vested Finance and IndMoney already provide Indians access to global equities. Under the Reserve Bank of India's Liberalised Remittance Scheme (LRS), resident Indians can remit up to $250,000 annually for permitted overseas investments, including foreign-listed shares. ...Less

Zerodha's net profit increased by 1.2 percent to ₹4,283 crore in FY26. Revenue remained largely unchanged ...More

Zerodha's net profit increased by 1.2 percent to ₹4,283 crore in FY26. Revenue remained largely unchanged from the previous year's ₹8,847 crore. Income from margin trading helped offset a slowdown in its core broking business. Smaller rival Groww expanded both revenue and profit by about 14 percent. Zerodha remains nearly twice as large on key financial measures. ...Less

Zerodha Fund House launched the Zerodha Life Cycle Fund 2031, a five-year target-date fund NFO open until ...More

Zerodha Fund House launched the Zerodha Life Cycle Fund 2031, a five-year target-date fund NFO open until September 10. The fund automatically shifts from higher equity exposure to conservative assets as maturity approaches. It invests across equity, government securities, commodities and arbitrage, with a Rs 100 minimum investment and no lock-in. ...Less

Zerodha CEO Nithin Kamath said slower market activity and regulatory changes have challenged brokerage gr ...More

Zerodha CEO Nithin Kamath said slower market activity and regulatory changes have challenged brokerage growth, while warning that rising margin trading funding poses risks. Despite weaker trading activity, Zerodha’s customer assets continue growing, supported by trust, technology and financial content. ...Less

Zerodha’s Nithin Kamath just raised alarms regarding the risks linked to margin trading amid market downt ...More

Zerodha’s Nithin Kamath just raised alarms regarding the risks linked to margin trading amid market downturns. This practice, which has become a lucrative revenue stream for the brokerage, has pushed its margin trading book to nearly Rs 9,000 cr. With more investors leaning on leverage, concerns are mounting about potential forced selling. ...Less

Brokerage income fell 10.7% to Rs 2,738 crore during the year, while net transaction-charge income droppe ...More

Brokerage income fell 10.7% to Rs 2,738 crore during the year, while net transaction-charge income dropped to zero from Rs 400 crore after a regulatory change ended the rebates brokers received from stock exchanges. Annual maintenance charges rose marginally to Rs 180 crore, while interest income declined about 4% to Rs 2,269 crore. ...Less

Minimac, founded by Anshuman Agrawal, has been bootstrapped and profitable since its inception, the compa ...More

Minimac, founded by Anshuman Agrawal, has been bootstrapped and profitable since its inception, the company said. The company operates across the lubricant lifecycle, helping industrial customers monitor the condition of lubricants, clean and restore used oil, and, when the oil can no longer be reused, send it to registered re-refiners. ...Less

Global 15-year-olds show weakest performance in reading and math tests. Nithin Kamath worries AI may redu ...More

Global 15-year-olds show weakest performance in reading and math tests. Nithin Kamath worries AI may reduce children's foundational skill development. He notes his own writing has worsened due to AI reliance. This trend mirrors a broader decline in essential academic abilities. The situation raises questions about balancing AI use with learning. ...Less

Gold prices and Gold ETFs have delivered strong returns, but experts caution investors against chasing re ...More

Gold prices and Gold ETFs have delivered strong returns, but experts caution investors against chasing recent performance. While central bank buying, geopolitical risks and diversification benefits support gold’s medium-term outlook, its lower Sharpe ratio highlights its cyclical nature. Experts recommend treating gold as a portfolio diversification tool and maintaining an appropriate allocation rather than increasing exposure solely because prices have risen. ...Less

Happy Friday! Block deals are putting startups’ private valuations to the test. This and more in today’s ...More

Happy Friday! Block deals are putting startups’ private valuations to the test. This and more in today’s ETtech Morning Dispatch. ...Less

Habuild, winner of the Bootstrap Champ title at the ET Startup Awards 2026, has built a profitable digita ...More

Habuild, winner of the Bootstrap Champ title at the ET Startup Awards 2026, has built a profitable digital wellness business driven largely by repeat subscriptions. The platform, which started with free yoga sessions during Covid, reported Rs 112 crore revenue and Rs 57 crore net profit in FY25, while expanding into strength training and AI-led nutrition tools. ...Less

Calcutta Stock Exchange shares have more than doubled in the unlisted market in three months as hopes of ...More

Calcutta Stock Exchange shares have more than doubled in the unlisted market in three months as hopes of a revival gain momentum. The exchange is seeking to pause its voluntary exit process and explore opportunities across equities, derivatives, bonds, currencies and commodities, though any revival will require regulatory approvals and potential anchor investors. ...Less

Zerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in to ...More

Zerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in today's ETtech Top 5. ...Less

Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winne ...More

Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winners, and more, in today’s ETtech Top 5. ...Less

UTI BSE India Sector Leaders ETF, Zerodha Life Cycle Fund 2031, Monarch Overnight Fund, Motilal Oswal Qua ...More

UTI BSE India Sector Leaders ETF, Zerodha Life Cycle Fund 2031, Monarch Overnight Fund, Motilal Oswal Quality Fund, Navi Nifty REITs & Realty Index Fund, NFO, mutual funds, mutual fund news ...Less

Gold and silver ETFs fell sharply on Monday, with some funds declining up to 8% as precious metal prices ...More

Gold and silver ETFs fell sharply on Monday, with some funds declining up to 8% as precious metal prices extended their losses. Rising expectations of a US Fed rate hike, profit booking and a stronger dollar weighed on sentiment. Experts advised investors against panic selling and suggested rebalancing or staggered buying. ...Less

Goal-based investing is not a new concept. Mapping investments to specific goals gives your outlay a defi ...More

Goal-based investing is not a new concept. Mapping investments to specific goals gives your outlay a defined purpose, helps you stay committed to the journey, and allows you to track your progress. Financial advisors weave this into clients’ financial plans. Do-it-yourself (DIY) investors have also adopted this habit. But there are some prac tical constraints in how this gets executed. ...Less

Fintech firm smallcase Technologies has introduced CASE Platforms as its new corporate identity. This new ...More

Fintech firm smallcase Technologies has introduced CASE Platforms as its new corporate identity. This new identity will unify its diverse portfolio of investment products and platform businesses. The mutual fund business, a joint venture with Zerodha, will now be known as Zerodha CASE Mutual Fund. CASE Platforms aims to help individual investors access the right financial products and tools. ...Less

With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, De ...More

With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, Delhivery, Swiggy, Oyo, Freshworks and Ola, all of which won the biggest honour over the 11-year history of the awards. ...Less

Young investors are embracing Systematic Investment Plans for disciplined wealth creation. Data shows a s ...More

Young investors are embracing Systematic Investment Plans for disciplined wealth creation. Data shows a significant rise in SIPs among those under thirty years old. Fintech platforms are observing increased SIP adoption across various asset classes. Parents are also initiating SIPs for their children's future education needs. This growing SIP habit faces challenges from market volatility and investor education. ...Less

Zerodha founder Nithin Kamath has urged fintech founders to rethink the future of trading and investing a ...More

Zerodha founder Nithin Kamath has urged fintech founders to rethink the future of trading and investing as AI, evolving market structures, regulations and emerging technologies reshape financial markets. He said brokers could eventually become little more than a “pipe” between customers and exchanges, while Rainmatter is again doubling down on fintech investments. ...Less

Around 12 mutual funds are currently open for subscription across categories such as life-cycle, multi-as ...More

Around 12 mutual funds are currently open for subscription across categories such as life-cycle, multi-asset, multi-cap, flexi-cap and sectoral funds. ICICI Prudential Mutual Fund has the highest number of new offerings, while several other fund houses have also launched schemes with subscription deadlines ranging from August 28 to September 10. ...Less

In a significant downturn, HDFC group stocks saw a staggering loss of Rs 4.4 lakh crore in market capital ...More

In a significant downturn, HDFC group stocks saw a staggering loss of Rs 4.4 lakh crore in market capitalization over the last year. HDFC Bank suffered a 26% drop, equating to a loss of Rs 3.73 lakh crore. Similarly, HDFC Life Insurance faced a 29% decline, resulting in a Rs 47,261 crore dip. ...Less

Anveshana 2026, a student research initiative, concluded with 20 projects presented by students. Prime Mi ...More

Anveshana 2026, a student research initiative, concluded with 20 projects presented by students. Prime Minister Modi highlighted this program in his Mann Ki Baat address. Top projects explored molecular docking, pesticide residues, kitchen waste conversion, and natural latex composites. Experts praised the program for fostering critical thinking and problem-solving skills. This initiative democratizes research access for school students across India. ...Less

Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick th ...More

Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick the winners of The Economic Times Startup Awards (ETSA) 2026. ...Less

Indian startups raised $221 million across 17 rounds during the week ended August 21, led by Sachin Bansa ...More

Indian startups raised $221 million across 17 rounds during the week ended August 21, led by Sachin Bansal-founded Navi’s $100 million fundraise, per data from Tracxn. The weekly tally was 102.5% higher than the previous week, but 14.1% lower than the same period last year. ...Less

Investment platform Upstox is exploring a potential initial public offering. The company aims to raise ap ...More

Investment platform Upstox is exploring a potential initial public offering. The company aims to raise approximately USD 350-400 million through this offering. This proposed IPO will include both new shares and an offer-for-sale. ...Less

Upstox has crossed 2 crore demat accounts, with 85% of customers from Tier-II and Tier-III cities and 70% ...More

Upstox has crossed 2 crore demat accounts, with 85% of customers from Tier-II and Tier-III cities and 70% first-time investors. The investment platform aims for 10 crore users within five years and is reportedly exploring a $350-400 million IPO. ...Less

Zerodha founder Nithin Kamath has warned startup founders that simply highlighting AI in investor pitch d ...More

Zerodha founder Nithin Kamath has warned startup founders that simply highlighting AI in investor pitch decks is no longer a differentiator. He said AI has become “table stakes” and opening a pitch with it could make investors lose interest. ...Less

Upstox is currently in talks with investment banks regarding a possible initial public offering. Backed b ...More

Upstox is currently in talks with investment banks regarding a possible initial public offering. Backed by Tiger Global, the company plans to hire advisers shortly for the imminent listing. This IPO could potentially generate approximately $400 million from both new and existing investors. Following Groww's impactful IPO last year, Upstox reached unicorn status in 2021 subsequent to a significant funding round. ...Less

Jefferies prefers two-wheeler stocks over passenger vehicle makers, citing stronger volume growth, resili ...More

Jefferies prefers two-wheeler stocks over passenger vehicle makers, citing stronger volume growth, resilient margins and improving earnings. TVS Motor Company and Eicher Motors remain its top picks, while Tata Motors Passenger Vehicles and Hyundai Motor India carry Underperform ratings amid rising competition, higher discounts and a weaker earnings outlook. ...Less

Indian equity benchmarks ended a seven-session losing streak on Thursday, August 20. The NSE Nifty50 clos ...More

Indian equity benchmarks ended a seven-session losing streak on Thursday, August 20. The NSE Nifty50 closed higher, reclaiming its 50-day exponential moving average. Several companies, including BPCL and HAL, announced significant corporate developments. RailTel Corporation received a work order, and Saatvik Green Energy secured a module supply order. Manipal Health Enterprises reported a decline in net profit for the quarter. ...Less

SEBI proposes digital Know Your Client processes for overseas investors. This move aims to simplify accou ...More

SEBI proposes digital Know Your Client processes for overseas investors. This move aims to simplify account opening for Non-Resident Indians and foreign nationals. Eligible investors can complete KYC from their country of residence, removing physical presence needs. This change is expected to boost NRI capital inflows into Indian financial markets. The proposal seeks to reduce onboarding time and paperwork significantly for investors. ...Less

Zerodha Fund House has launched its Arbitrage Fund, an open-ended scheme targeting equity and derivatives ...More

Zerodha Fund House has launched its Arbitrage Fund, an open-ended scheme targeting equity and derivatives price gaps. The NFO closes August 14, with the fund designed for relatively low-volatility, tax-efficient short-term cash parking and conservative investors. ...Less

Groww strengthened its brokerage lead in July, adding over seventy thousand active accounts. This growth ...More

Groww strengthened its brokerage lead in July, adding over seventy thousand active accounts. This growth contrasts with a general industry slowdown in user additions this year. Zerodha, the second-largest broker, continued to lose active accounts, shrinking its user base. Angel One and Upstox Securities also experienced declines in their active client numbers. HDFC Securities similarly shed active accounts during the month and year. ...Less

A Pune CEO shared the inspiring journey of his personal trainer Akash, who started earning at 13 and has ...More

A Pune CEO shared the inspiring journey of his personal trainer Akash, who started earning at 13 and has now bought his first 2BHK home at 30 after building a successful career in fitness. ...Less

Modern Bazaar is in talks with Reliance Retail, DS Group-owned Le Marche and two other premium chains for ...More

Modern Bazaar is in talks with Reliance Retail, DS Group-owned Le Marche and two other premium chains for a strategic equity partnership or majority stake sale, even as its promoter says the business is not for sale. The gourmet grocery chain is battling falling store sales, quick-commerce competition, rising overheads and pending vendor payments. ...Less

In July, there was a notable drop in inflows for gold and silver ETFs, despite high prices for precious m ...More

In July, there was a notable drop in inflows for gold and silver ETFs, despite high prices for precious metals. Analysts attribute this downturn to profit-taking following a robust rally. Nevertheless, ongoing positive inflows suggest that investor interest in gold remains strong. It is recommended that investors reassess their portfolios and adjust new investments accordingly. ...Less

Nikhil Kamath's reading list extends beyond finance into psychology and biology. His book selections offe ...More

Nikhil Kamath's reading list extends beyond finance into psychology and biology. His book selections offer insights into wealth, behavior, and life's complexities. Kamath shared his thoughts on several titles, rating them and explaining their impact. Books like 'The Psychology of Money' and 'Caste' were highlighted. These works explore human behavior, social hierarchies, and mortality. ...Less

The Securities and Exchange Board of India (Sebi) remains steadfast in its support for the newly implemen ...More

The Securities and Exchange Board of India (Sebi) remains steadfast in its support for the newly implemented closing auction system. Despite initial trading fluctuations shaking investor confidence, the initiative is designed to enhance price discovery while aligning with international standards. However, a decrease in participation from proprietary traders has resulted in reduced liquidity. Sebi advocates for technology enhancements and a boost in order flows to ensure the system's effectiveness. ...Less

Zerodha co-founder Nithin Kamath said the sharp swings under the new Closing Auction Session (CAS) reflec ...More

Zerodha co-founder Nithin Kamath said the sharp swings under the new Closing Auction Session (CAS) reflect structural weaknesses in Indian markets rather than flaws in the mechanism itself. The new 20-minute auction, replacing the earlier VWAP-based close, has caused unpredictable late-day moves and losses for options traders and algo desks, fuelling calls for changes or a rollback. ...Less

Nine new mutual funds and two Specialized Investment Funds (SIFs) are opening for subscription this week ...More

Nine new mutual funds and two Specialized Investment Funds (SIFs) are opening for subscription this week starting August 10. Offers include schemes from Aditya Birla Sun Life, SBI Mutual Fund, UTI, Bandhan, Zerodha, and WhiteOak Capital, catering to equity, arbitrage, hybrid, liquid, and ETF investment preferences. ...Less

Charlie Munger’s quote, “You have to deserve what you want,” highlights the importance of competence, dis ...More

Charlie Munger’s quote, “You have to deserve what you want,” highlights the importance of competence, discipline and personal responsibility in achieving success. The legendary investor believed desire alone cannot guarantee meaningful outcomes. His philosophy extended to investing and life, where he valued sound judgment and preparation. Munger’s partnership with Warren Buffett also shaped Berkshire Hathaway’s investment approach and long-term success. ...Less

India aims for electric air taxis to fly by 2028, with testing accelerating next year. Electric vertical ...More

India aims for electric air taxis to fly by 2028, with testing accelerating next year. Electric vertical take-off and landing aircraft offer new mobility for major congested cities. Sarla Aviation is developing a six-passenger eVTOL aircraft with seven electric motors. Affordability and safety are key for commercial viability, with localization reducing costs. These aircraft could significantly cut travel times and find uses in medical evacuations. ...Less

India's recently introduced closing auction system for stock prices is encountering early challenges, wit ...More

India's recently introduced closing auction system for stock prices is encountering early challenges, with traders raising alarms over erratic price fluctuations and confusion in the marketplace. In response, the Securities and Exchange Board of India (SEBI) held discussions with brokerages, reassuring them of the system's persistence. The lack of engagement from proprietary and high-frequency traders resulted in decreased liquidity, potentially affecting broker revenues and the volume of derivatives trading. ...Less

Nifty’s last-minute 200-point surge after the launch of the Closing Auction Session (CAS) sparked confusi ...More

Nifty’s last-minute 200-point surge after the launch of the Closing Auction Session (CAS) sparked confusion among traders, prompting NSE to clarify the index calculation process. Introduced on August 3, CAS alters the method for determining closing prices for F&O stocks through an auction mechanism. The new system aims to improve price discovery and reduce last-minute price impact. ...Less

Zerodha CEO Nithin Kamath said the new Closing Auction Session for F&O stocks could reduce brokerage reve ...More

Zerodha CEO Nithin Kamath said the new Closing Auction Session for F&O stocks could reduce brokerage revenue by 1–5% while making market timings more complex. The auction aims to improve price discovery, reduce index distortions and lower passive fund tracking errors. ...Less

Zerodha co-founder Nithin Kamath warned that rapid growth in margin trading funding could amplify market ...More

Zerodha co-founder Nithin Kamath warned that rapid growth in margin trading funding could amplify market downturns, especially in small- and mid-cap stocks. He cautioned that forced selling, liquidity constraints and rising leverage may intensify losses despite SEBI’s safeguards. ...Less

.The speed with which Zepto has ramped its national footprint is mindboggling. But with mounting losses, ...More

.The speed with which Zepto has ramped its national footprint is mindboggling. But with mounting losses, half-baked business plans, the speed at which it was trying to IPO would have upended all its gains. There are many tech companies – both in India and abroad – which are perfectly fine being privately owned. Staying private for longer will not delay Zepto value creation but maximise it instead. ...Less

Exchanges will change how stock closing prices are decided for F&O stocks. A new closing auction will det ...More

Exchanges will change how stock closing prices are decided for F&O stocks. A new closing auction will determine the final price after normal trading ends. This auction aims to reduce the impact of last-minute large orders. Mutual funds will benefit from more efficient execution of their closing trades. Active traders and proprietary desks will see the biggest impact from these changes. ...Less

India's stock market introduces new closing times and auction sessions starting today. Continuous trading ...More

India's stock market introduces new closing times and auction sessions starting today. Continuous trading for F&O stocks ends at 3:15 p.m. for a new auction process. Other stocks will continue trading until 3:30 p.m. while derivatives trade until 3:40 p.m. This new system aims to improve price discovery and reduce market impact. The closing price will now be determined by an equilibrium price during the auction. ...Less

Every SSE listing goes through months of due diligence, financial and social audits. It connects credible ...More

Every SSE listing goes through months of due diligence, financial and social audits. It connects credible social enterprises, both non-profit organisations (NPOs) and for-profit enterprises, with fund providers, using the familiar machinery of the stock market to route philanthropic capital and, crucially, hold recipients accountable for it. ...Less

Specialty food ingredient startup Arboreal Bioinnovations has raised Rs 230 crore in a Series A funding r ...More

Specialty food ingredient startup Arboreal Bioinnovations has raised Rs 230 crore in a Series A funding round. This capital will fuel manufacturing expansion and research and development efforts. The company's revenue more than tripled in FY25, showing significant business growth. Arboreal's ingredient portfolio has supported over 300 product launches across many brands. This funding highlights growing investor interest in food ingredient and nutrition technology startups. ...Less

The ambition is backed by a rapid expansion in Groww’s affluent customer base. The number of active afflu ...More

The ambition is backed by a rapid expansion in Groww’s affluent customer base. The number of active affluent users—defined by the company as customers with at least Rs 25 lakh of assets on the platform—rose to around 400,000 in FY26 from 200,000 a year earlier. ...Less

The regulator launched its investigation after receiving 16 complaints alleging that the entities were pr ...More

The regulator launched its investigation after receiving 16 complaints alleging that the entities were providing investment advice and managing client portfolios without mandatory Sebi registration. The regulator said Stark Investments entered into advisory agreements with clients, charged advisory fees and issued stock-specific buy and sell recommendations through WhatsApp, Excel sheets and performance reports. ...Less

Every digital payment, loan approval and investment decision carries an invisible layer of intelligence. ...More

Every digital payment, loan approval and investment decision carries an invisible layer of intelligence. AI products are quietly helping financial institutions detect fraud, strengthen risk management and improve decision-making at scale. ...Less

Elixiir Foods has launched its first FreshTerra retail store in Gurugram. The company plans to open twelv ...More

Elixiir Foods has launched its first FreshTerra retail store in Gurugram. The company plans to open twelve to fifteen more stores by FY28. FreshTerra will offer farm-sourced produce and organic staples at competitive prices. This expansion occurs as India's gourmet food market is projected for significant growth. The venture targets health-conscious consumers seeking premium quality food options. ...Less

Zerodha founder Nithin Kamath reaffirmed the company’s commitment to offering direct mutual funds free of ...More

Zerodha founder Nithin Kamath reaffirmed the company’s commitment to offering direct mutual funds free of charge. He said Coin has helped investors save commissions, while many rival platforms have exited or reconsidered the low-cost direct mutual fund business model. ...Less

Revathi Kamath, mother of Zerodha founders Nithin and Nikhil Kamath, shared photos from a shopping outing ...More

Revathi Kamath, mother of Zerodha founders Nithin and Nikhil Kamath, shared photos from a shopping outing during their family holiday in London, winning praise across social media. The heartwarming pictures, posted on Facebook with the caption "My sons did amazing shopping for me. @London," prompted users to call her a "lucky mom" and applaud the brothers for spending quality time with her. The post also reminded many of their earlier gesture of gifting Revathi a Mercedes-Benz GLS luxury SUV. ...Less

Nithin Kamath said Zerodha’s culture stems from deliberate choices, including staying small, avoiding rev ...More

Nithin Kamath said Zerodha’s culture stems from deliberate choices, including staying small, avoiding revenue targets and prioritising employee well-being over growth. He stressed patient hiring, learning from mistakes and resisting incentives that encourage excessive customer trading or employee burnout. ...Less

Groww assures investors direct mutual funds remain free for do-it-yourself users. The platform stated its ...More

Groww assures investors direct mutual funds remain free for do-it-yourself users. The platform stated its commitment to zero-commission offerings for these investors. This clarification follows recent discussions regarding mutual fund offerings in the market. ...Less

Zerodha's Nithin Kamath and Groww are debating direct mutual fund offerings publicly. Kamath reiterated Z ...More

Zerodha's Nithin Kamath and Groww are debating direct mutual fund offerings publicly. Kamath reiterated Zerodha's commitment to free direct mutual fund plans. Groww clarified that its optional subscription service does not replace direct mutual funds. Direct mutual funds remain free for do-it-yourself investors on Groww. This debate highlights shifts in India's investment platform industry. ...Less

As SBI Funds Management heads for its Rs 11,693-crore IPO, the rise of digital-first platforms like Zerod ...More

As SBI Funds Management heads for its Rs 11,693-crore IPO, the rise of digital-first platforms like Zerodha and Groww is reshaping India's mutual fund industry. While digital challengers are winning younger investors, the country's largest AMC believes its scale, trust and distribution network remain powerful competitive advantages. ...Less

Zerodha CEO Nithin Kamath said the brokerage's growth stems from prioritising customer interests over agg ...More

Zerodha CEO Nithin Kamath said the brokerage's growth stems from prioritising customer interests over aggressive expansion. He highlighted transparency, word-of-mouth marketing, a bootstrapped model and product-focused innovation as the key drivers behind the company's long-term success. ...Less

India's leading retail broker, Zerodha, is making a significant move into investment banking. The company ...More

India's leading retail broker, Zerodha, is making a significant move into investment banking. The company has applied to Sebi for a merchant banking license through its arm, Zerodha Corporate Advisors. This strategic expansion comes as the equity capital markets show strong potential, with experts noting ample room for new players possessing robust distribution and investor networks. ...Less

Gold ETF inflows surged to Rs 3,443 crore and silver ETF inflows reached Rs 4,286 crore in June, reversin ...More

Gold ETF inflows surged to Rs 3,443 crore and silver ETF inflows reached Rs 4,286 crore in June, reversing recent outflows. Investors increased allocations despite negative monthly returns, highlighting continued demand for precious metals as strategic portfolio diversification and passive investment options. ...Less

Zerodha has applied to SEBI for a Category I merchant banking licence, signalling its entry into investme ...More

Zerodha has applied to SEBI for a Category I merchant banking licence, signalling its entry into investment banking. The move aligns with India’s strong IPO pipeline and expanding capital markets activity. If approved, it will deepen Zerodha’s diversification beyond broking into a broader financial services platform ...Less

Nikhil Kamath recommended Patrick McGee's "Apple in China" book, rating it highly for its insights. The b ...More

Nikhil Kamath recommended Patrick McGee's "Apple in China" book, rating it highly for its insights. The book details Apple's manufacturing shift to China and its global impact. It explores how this strategy strengthened China's technological capabilities and supply chains. Readers found the book relevant for understanding India's manufacturing ambitions. Kamath often shares books that shape his understanding of human behavior and finance. ...Less

Google Cloud is supercharging its India bet with a local AI play and a potential manufacturing push. This ...More

Google Cloud is supercharging its India bet with a local AI play and a potential manufacturing push. This and more in today’s ETtech Morning Dispatch. ...Less

Zerodha co-founder Nithin Kamath said building long-term wealth does not require chasing hot stocks or ti ...More

Zerodha co-founder Nithin Kamath said building long-term wealth does not require chasing hot stocks or timing the market. He stressed that investors often overcomplicate investing by trying to predict markets or pick from thousands of options. In a post on X, he said good outcomes come from doing “a few boring things well” through disciplined, low-touch investing. ...Less

The Union Cabinet has cleared the India Semiconductor Mission (ISM) 2.0 to boost domestic chip manufactur ...More

The Union Cabinet has cleared the India Semiconductor Mission (ISM) 2.0 to boost domestic chip manufacturing. This and more in today's ETtech Top 5. ...Less

Young Indian entrepreneurs are reshaping philanthropy with early and impact-focused giving. This generati ...More

Young Indian entrepreneurs are reshaping philanthropy with early and impact-focused giving. This generation deploys significant capital to social causes much earlier in life. They adopt an entrepreneurial approach focused on measurable outcomes and innovation. This shift reflects a generational change in the country's giving landscape. Many founders are actively shaping and witnessing their philanthropic impact firsthand. ...Less

Sebi approved IPO proposals of Tonbo Imaging India, Marri Retail, Zetwerk and Gujarat Victory Forgings, s ...More

Sebi approved IPO proposals of Tonbo Imaging India, Marri Retail, Zetwerk and Gujarat Victory Forgings, strengthening the primary market pipeline. The companies plan fundraising for expansion, debt repayment and growth, with defence, retail, manufacturing and metals sectors represented. ...Less

India's primary market anticipates a significant IPO rush totaling nearly eleven thousand nine hundred ei ...More

India's primary market anticipates a significant IPO rush totaling nearly eleven thousand nine hundred eighty crore rupees next week. SBI Funds Management and Alpine Texworld will lead the mainboard segment with substantial fundraising efforts. SBI Funds Management aims to raise eleven thousand six hundred ninety three crore rupees through an offer for sale. ...Less

Econovus Packaging has secured Rs 40 crore in a funding round led by Rainmatter. This capital will establ ...More

Econovus Packaging has secured Rs 40 crore in a funding round led by Rainmatter. This capital will establish a manufacturing facility and a design centre in Pune. The company designs and manufactures sustainable industrial packaging solutions for various sectors. Econovus aims to reduce waste and lower logistics costs for its clients. This funding will also support expansion into Indian and global export markets. ...Less

Zerodha Fund House has launched India’s first target-date Life Cycle Fund series, offering two schemes: 2 ...More

Zerodha Fund House has launched India’s first target-date Life Cycle Fund series, offering two schemes: 2036 and 2041 maturities. The NFO is open till July 7, with continuous subscription to follow. Built on a rule-based approach, the funds dynamically adjust asset allocation over time and aim to serve investors across different life stages and long-term goals. ...Less

Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% y ...More

Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Groww affirmed its direct mutual fund strategy. Shriram Finance is raising funds to reduce borrowing costs after a rating upgrade. Maruti Suzuki plans to add service points, and Dixon Tech will expand smartphone manufacturing. Premier Energies commissioned a solar module facility, and Anand Rathi Wealth saw profit rise. ...Less

Bengaluru's GalaxEye has lost contact with its Drishti satellite launched in May. The world's first OptoS ...More

Bengaluru's GalaxEye has lost contact with its Drishti satellite launched in May. The world's first OptoSAR satellite experienced an anomaly after a geomagnetic solar storm. Communication loss occurred during the final stage of its early orbit phase. Recovery efforts are ongoing, but the company said that success appears unlikely at this time. ...Less

Zerodha has relaunched its referral program after receiving regulatory clarity, a move founder Nithin Kam ...More

Zerodha has relaunched its referral program after receiving regulatory clarity, a move founder Nithin Kamath highlighted as a significant growth driver. Previously, nearly 30% of accounts were acquired through referrals, with the actual impact likely exceeding 50%. The reinstated program benefits both new and past referrers. ...Less

Leading Indian fintechs Groww, Zerodha, Angel One, and Upstox have secured licenses from IFSCA to offer i ...More

Leading Indian fintechs Groww, Zerodha, Angel One, and Upstox have secured licenses from IFSCA to offer international equity investing to Indian retail traders. Groww and Upstox obtained Global Access Provider (GAP) licenses, while Zerodha and Angel One became broker-dealers, enabling direct or indirect access to US stock markets. ...Less

Playback singer Sonu Nigam and gaming creator Scout are new franchise owners. They join the Global e-Cric ...More

Playback singer Sonu Nigam and gaming creator Scout are new franchise owners. They join the Global e-Cricket Premier League's third season expansion. The tournament will feature eight teams and a significant prize pool. This move reflects esports' growing mainstream acceptance and diverse appeal. The league aims to nurture Indian esports athletes and build global relevance. ...Less

Investments by Non-Resident Indians (NRIs) in Indian stock markets are slowing, despite a rise in account ...More

Investments by Non-Resident Indians (NRIs) in Indian stock markets are slowing, despite a rise in account openings. While global uncertainties play a role, stringent Know Your Customer (KYC) rules are a major hurdle. Industry insiders believe easing these regulations, particularly through digitisation and e-notarisation, could significantly boost remittance flows. ...Less

Buying US stocks could soon become easier for Indian retail investors after Zerodha, Groww, Angel One and ...More

Buying US stocks could soon become easier for Indian retail investors after Zerodha, Groww, Angel One and Upstox secured regulatory approvals from GIFT City’s IFSCA. The licences will enable the brokerages to facilitate overseas investing, tapping into growing demand for global equities under the RBI’s Liberalised Remittance Scheme. ...Less

Zerodha CEO Nithin Kamath lost a ₹2.5 lakh fitness bet to employee Rohit Agarwala, who successfully shed ...More

Zerodha CEO Nithin Kamath lost a ₹2.5 lakh fitness bet to employee Rohit Agarwala, who successfully shed 30 kg in a year. Agarwala's transformation from 104 kg to 74.5 kg was motivated by a workplace challenge and a bet with colleagues, highlighting Zerodha's health-focused culture. ...Less

Nikhil Kamath, Zerodha co-founder, sees significant investment potential in the energy transition, citing ...More

Nikhil Kamath, Zerodha co-founder, sees significant investment potential in the energy transition, citing the U.S.-Iran conflict's emphasis on energy security. He's eyeing electric vehicles, battery manufacturing, and grid infrastructure. Kamath also believes Indian IT companies are undervalued, presenting an attractive opportunity. Despite recent market headwinds, he suggests foreign investors often misjudge India's market timing, potentially missing out on current attractive valuations. ...Less

After consultation with CDSL, the source of the technical issue, Zerodha told its users to skip the ‘CDSL ...More

After consultation with CDSL, the source of the technical issue, Zerodha told its users to skip the ‘CDSL authorisation’ requirement if they wish to sell their holdings on Zerodha Kite App “until CDSL resolves the issue”. ...Less

Around eight mutual funds and two specialised investment funds (SIFs) are currently open for subscription ...More

Around eight mutual funds and two specialised investment funds (SIFs) are currently open for subscription across categories including hybrid, index, multi-asset, overnight and life cycle funds. Offerings from Zerodha, ICICI Prudential, Invesco, JioBlackRock, JM, Tata, HDFC and Choice are accepting investments before their respective closing dates. ...Less

Zerodha co-founder Nithin Kamath revealed that he lost a ₹2.5 lakh fitness bet to employee Rohit Agarwala ...More

Zerodha co-founder Nithin Kamath revealed that he lost a ₹2.5 lakh fitness bet to employee Rohit Agarwala, who successfully lost 30 kg over the past year. Sharing the achievement on social media, Kamath said he was happy to lose the bet, while Agarwala described the weight-loss transformation as more valuable than the cash reward. The story drew widespread praise online, with many calling it the best kind of bet to lose. ...Less