• Groww shares rebounded on Friday after a sharp decline in the previous session as brokerages remained upb ...More

    Groww shares rebounded on Friday after a sharp decline in the previous session as brokerages remained upbeat following strong Q1FY27 earnings. Jefferies, JM Financial and Motilal Oswal reiterated Buy ratings, citing robust profit growth, improving operating leverage, market share gains and diversified revenue streams, with targets of Rs 250. ...Less

  • Groww said equity derivatives accounted for 52% of total income, down from 54.8% in the March quarter and ...More

    Groww said equity derivatives accounted for 52% of total income, down from 54.8% in the March quarter and 56.4% a year earlier. The contribution from its margin trading facility (MTF) rose to 8%, while commodities grew by 4.9%, helping the company reduce its dependence on equity futures and options. ...Less

  • Groww parent Billionbrains Garage Ventures shares rose after reporting a 94% YoY jump in Q1FY27 consolida ...More

    Groww parent Billionbrains Garage Ventures shares rose after reporting a 94% YoY jump in Q1FY27 consolidated net profit to Rs 735 crore. Revenue from operations surged 66% YoY to Rs 1,504 crore, while profit also increased 7% sequentially. The stock has gained 9% over the last two trading sessions. ...Less

  • Billionbrains Garage Ventures, Groww’s listed parent, reported a 94% year-on-year increase in net profit ...More

    Billionbrains Garage Ventures, Groww’s listed parent, reported a 94% year-on-year increase in net profit to Rs 735 crore for the April-June quarter. Revenue from operations rose 66% to Rs 1,501 crore. The company said additions of new transacting users remained low during the quarter, partly because of weaker capital-market activity, particularly in initial public offerings and exchange-traded funds. ...Less

  • Groww’s notional average daily turnover in commodity derivatives stood at Rs 2.43 lakh crore across MCX ( ...More

    Groww’s notional average daily turnover in commodity derivatives stood at Rs 2.43 lakh crore across MCX (Multi Commodity Exchange) and NSE Commodity during the quarter, compared with Rs 2.367 lakh crore reported by Angel One across MCX, the National Commodity and Derivatives Exchange, and NSE Commodity. ...Less

  • Adani Green, Groww and Laurus Labs have emerged as key stocks to watch ahead of MSCI’s August 2026 index ...More

    Adani Green, Groww and Laurus Labs have emerged as key stocks to watch ahead of MSCI’s August 2026 index review. JM Financial expects up to 12 inclusions and three exclusions, potentially triggering $2.3 billion in passive inflows, with index-linked buying likely to drive liquidity, institutional ownership and near-term stock movements. ...Less

  • Billionbrains Garage Ventures, Groww's parent, posted a Rs 735 crore net profit. This marks a substantial ...More

    Billionbrains Garage Ventures, Groww's parent, posted a Rs 735 crore net profit. This marks a substantial 94.44% year-on-year increase in earnings. Groww's revenue from operations also saw a sharp 66% rise. The company's revenue reached Rs 1,504 crore in the first quarter. Net profit grew seven percent sequentially to Rs 735 crore. ...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

  • 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

  • Groww shares gain 8% on strong Q1 earnings, net profit jumps 94% to Rs 735 crore

    Billionbrains Garage Ventures shares surged after reporting strong Q1 FY27 earnings. The company posted a ...More

    Billionbrains Garage Ventures shares surged after reporting strong Q1 FY27 earnings. The company posted a consolidated net profit of Rs 735 crore, up 94.44% year-on-year. Revenue from operations also rose significantly, driven by traction in newer products. Groww retained its position as India's largest direct mutual fund distribution platform. The company added net clients and expanded market share across key segments. ...Less

  • Stocks in news: Groww, Delhivery, Infosys, Wipro, IDBI Bank, Tata Elxsi

    Markets traded under pressure amid renewed geopolitical concerns on Tuesday. Several companies like Groww ...More

    Markets traded under pressure amid renewed geopolitical concerns on Tuesday. Several companies like Groww and Infosys will be in focus today. Anand Rathi Share reported a significant profit rise for the June quarter. IDBI Bank clarified reports regarding a potential Fairfax Financial offer. Tata Elxsi announced an 18.2% profit increase supported by strong tech spending. ...Less

  • Groww faces technical glitch, client withdrawals hit

    Groww experienced a temporary disruption affecting client fund withdrawals on Friday. This incident was a ...More

    Groww experienced a temporary disruption affecting client fund withdrawals on Friday. This incident was attributed to an issue with its cloud service provider, Google Cloud Platform. Some users also reported difficulties depositing money into their accounts. The brokerage stated the problem was promptly resolved before market closing. Customers could then access their funds after the disruption ended. ...Less

  • Buy, Sell or Hold: Motilal Oswal downgrades ICICI Lombard; JM Financial upgrades Billionbrains Garage Ventures

    Brokerages adjusted stock ratings following recent quarterly earnings reports. JM Financial upgraded Grow ...More

    Brokerages adjusted stock ratings following recent quarterly earnings reports. JM Financial upgraded Groww to Buy after strong Q1FY27 performance and cost control. Motilal Oswal maintained a Buy rating on HDFC Life Insurance due to steady growth prospects. However, ICICI Lombard was downgraded to Neutral amid weaker profitability and a higher claims ratio. These adjustments reflect company-specific growth and profitability trends observed in the past. ...Less

  • Govt's revamped chip push; Emergent turns unicorn

    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

  • MSCI rejig could bring $2.3 billion into Indian stocks

    An upcoming MSCI index rebalancing may introduce about $2.3 billion in passive investment flows. The glob ...More

    An upcoming MSCI index rebalancing may introduce about $2.3 billion in passive investment flows. The global index provider will announce changes on August 12 after market close. Several Indian stocks are likely candidates for inclusion in the MSCI India Standard Index. These changes will impact index-linked exchange-traded funds and mutual funds. The rebalancing will become effective for portfolios on August 31. ...Less

  • Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi Wealth

    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

  • MDR on UPI on the cards; Emergent enters unicorn club

    The government is mulling restoring MDR on UPI transactions for large merchants. This and more in today’s ...More

    The government is mulling restoring MDR on UPI transactions for large merchants. This and more in today’s ETtech Morning Dispatch. ...Less

  • SBI MF IPO: Can Zerodha, Groww and other digital-first funds threaten India’s largest AMC in $1 trillion race?

    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

  • Samir Arora-backed Helios Mid Cap Fund adds Groww, 4 more stocks; hikes stake in Paytm and 29 others

    Samir Arora-backed Helios Mid Cap Fund added Groww parent Billionbrains Garage Ventures and four other st ...More

    Samir Arora-backed Helios Mid Cap Fund added Groww parent Billionbrains Garage Ventures and four other stocks to its June portfolio, while raising exposure to Paytm and 29 other companies. The fund exited five stocks, trimmed its stake in Black Box and retained holdings in 32 stocks unchanged. ...Less

  • Samir Arora-backed Helios Flexi Cap Fund adds Groww and 5 others, increases stake in HDFC Bank and 14 more

    Helios Flexi Cap Fund added Groww's parent company and five other stocks in June. The fund also increased ...More

    Helios Flexi Cap Fund added Groww's parent company and five other stocks in June. The fund also increased its stake in HDFC Bank and 14 other companies. It reduced exposure in Bharti Airtel and two other selected stocks. Helios Flexi Cap Fund completely exited five companies during the month. The fund's portfolio held sixty-eight stocks by the end of June. ...Less

  • Reliance Industries, Groww and MTAR Technologies among stocks bought and sold by mutual funds in June

    Mutual funds invested Rs 50,600 crore in stocks during June. They significantly bought JSWInfra, Bajaj Fi ...More

    Mutual funds invested Rs 50,600 crore in stocks during June. They significantly bought JSWInfra, Bajaj Finance, and HDFC Bank. Conversely, Asian Paints, ICICI Bank, and SBI saw major reductions. In midcaps, JSW Infrastructure and Meesho were key additions by funds. Smallcap segment saw buying in Acme Solar Holdings and Craftsman Auto. ...Less

  • Ahead of Market: 10 things that will decide stock market action on Thursday

    Indian equities ended marginally higher after surrendering most intraday gains. Softer US inflation data ...More

    Indian equities ended marginally higher after surrendering most intraday gains. Softer US inflation data supported sentiment, while elevated crude prices, West Asia tensions and mixed sector performance kept markets volatile. Analysts expect Nifty to remain range-bound unless it breaks above 24,350. ...Less

  • Q1 results today: HDFC Life Insurance, HDB Financial, Jana SFB, ICICI Prudential among 43 companies to report earnings

    The June quarter earnings season gathers pace with 43 companies, including HDFC Life Insurance, HDB Finan ...More

    The June quarter earnings season gathers pace with 43 companies, including HDFC Life Insurance, HDB Financial Services, Jana Small Finance Bank and ICICI Prudential Life Insurance, set to report results today. Around 143 companies will announce earnings this week, with investors tracking corporate performance, demand trends and sectoral outlooks. ...Less

  • Kissht receives 3-year Amfi registration to distribute mutual funds

    Kissht parent OnEMI Technology Solutions said Invincible Minds received an Amfi Registration Number on Ju ...More

    Kissht parent OnEMI Technology Solutions said Invincible Minds received an Amfi Registration Number on July 14. The registration is valid from July 13, 2026, to July 12, 2029. It allows the subsidiary to distribute mutual fund products, but not to launch or manage mutual fund schemes. ...Less

  • AMFI simplifies mutual fund transmission process to make claim settlement easier for nominees

    AMFI has simplified mutual fund transmission procedures for deceased unit holders. New measures consider ...More

    AMFI has simplified mutual fund transmission procedures for deceased unit holders. New measures consider address and name mismatches for smoother claims. Asset Management Companies will now rely on updated address details supported by documentation. A harmonized framework for name and signature discrepancies is also introduced. These updated guidelines are effective immediately for all member AMCs. ...Less

  • Ahead of Market: 10 things that will decide stock market action on Friday

    Indian equities ended subdued as geopolitical tensions capped gains despite optimism around Q1 earnings. ...More

    Indian equities ended subdued as geopolitical tensions capped gains despite optimism around Q1 earnings. Analysts expect stock-specific action, with financials, autos and digital firms in focus, while Nifty remains range-bound between key support and resistance amid cautious investor sentiment. ...Less

  • Bitcoin rebounds to $64K after AI-led selloff triggers crypto rout. Here's what experts say

    Bitcoin recovered towards $64,000 after an AI-driven selloff pushed the cryptocurrency below the $63,000 ...More

    Bitcoin recovered towards $64,000 after an AI-driven selloff pushed the cryptocurrency below the $63,000 mark. Experts said risk-off sentiment weighed on crypto markets, though softer US inflation data helped revive investor confidence. Analysts highlighted key technical levels and cautioned that the broader downtrend remains intact. ...Less

  • NSE partners with Augmont to deepen electronic gold market, reduce reliance on imports

    The National Stock Exchange (NSE) has partnered with Augmont Enterprises to boost the adoption of Electro ...More

    The National Stock Exchange (NSE) has partnered with Augmont Enterprises to boost the adoption of Electronic Gold Receipts (EGRs), aiming to build a deeper and more liquid spot gold market in India. The collaboration seeks to formalise the country's vast household gold holdings by enabling investors to trade, lend and redeem physical gold through a regulated exchange framework, while improving liquidity, price discovery and market efficiency. ...Less

  • NFO Alert: Sunil Singhania-led Abakkus Mutual Fund launches large & midcap fund

    Abakkus Mutual Fund has launched the Abakkus Large & Mid Cap Fund, an open-ended equity scheme that will ...More

    Abakkus Mutual Fund has launched the Abakkus Large & Mid Cap Fund, an open-ended equity scheme that will invest predominantly in large-cap and mid-cap companies. The NFO is open until July 29 and aims to generate long-term capital appreciation through a research-driven investment approach. ...Less

  • Angel One shares gain 2% as Q1 profit doubles to Rs 231 crore, revenue up 25% YoY

    Angel One shares rose 2% on Thursday after the fintech and broking firm reported strong Q1FY27 earnings. ...More

    Angel One shares rose 2% on Thursday after the fintech and broking firm reported strong Q1FY27 earnings. Consolidated net profit more than doubled year-on-year to Rs 231 crore, while revenue increased 25.3% to Rs 1,430 crore. EBITDA surged 76.5% to Rs 485 crore, with the EBITDA margin expanding to 34% from 24%, driven by robust operating leverage and healthy business grow ...Less

  • NFO Insight: Can Abakkus Large & Mid Cap Fund help investors navigate volatile markets?

    Abakkus Mutual Fund has launched its third equity NFO, the Abakkus Large & Mid Cap Fund. This new fund ai ...More

    Abakkus Mutual Fund has launched its third equity NFO, the Abakkus Large & Mid Cap Fund. This new fund aims to navigate volatile markets by investing in growth companies and established businesses. The fund employs an in-house MEETS framework for evaluating long-term value creation potential. Experts suggest caution with NFOs due to the absence of a performance track record. ...Less

  • Ahead of Market: 10 things that will decide D-Street action on Monday

    The Sensex surged over 960 points and the Nifty climbed more than 1% on Friday, driven by strong Q1 earni ...More

    The Sensex surged over 960 points and the Nifty climbed more than 1% on Friday, driven by strong Q1 earnings optimism and buying in IT and banking stocks. Analysts said domestic institutional investors are rotating into attractively valued large-cap stocks, while selective profit booking in mid- and small-caps continues. Consumer durables also remain in focus on improving demand expectations. ...Less

  • HDFC Bank, HCL Tech among 143 companies to announce earnings this week

    The June quarter earnings season is set to accelerate with 143 companies, including HDFC Bank, Reliance I ...More

    The June quarter earnings season is set to accelerate with 143 companies, including HDFC Bank, Reliance Industries and HCL Tech, scheduled to report this week. With growth projected at 10%, investors will track sectoral trends across banking, IT and consumption, focusing on margins, demand outlook and asset quality signals. ...Less

  • Explained: Why 11 international mutual funds halted fresh SIPs and how investors can still invest globally

    Fresh SIP options in international mutual funds have narrowed sharply, with only Baroda BNP Paribas Aqua ...More

    Fresh SIP options in international mutual funds have narrowed sharply, with only Baroda BNP Paribas Aqua FoF accepting new investments after multiple fund houses halted inflows due to SEBI’s overseas investment limits. Investors are exploring LRS, GIFT City and global ETFs as alternatives. ...Less

  • ICICI Prudential Flexicap Fund turns Rs 10,000 monthly SIP into nearly Rs 9 lakh in 5 years

    ICICI Prudential Flexicap Fund turned a Rs 10,000 monthly SIP into Rs 8.47 lakh over five years ending Ju ...More

    ICICI Prudential Flexicap Fund turned a Rs 10,000 monthly SIP into Rs 8.47 lakh over five years ending June 30, 2026, delivering an XIRR of 13.83% on a total investment of Rs 6 lakh. During the same period, the BSE 500 TRI generated an XIRR of 10.43%. The fund also reported strong three-year and one-year SIP returns. ...Less

  • Sebi approves IPOs of defence electronics maker Tonbo Imaging and 3 others

    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

  • IPO Calendar next week: SBI MF among 3 new issues to raise Rs 11,980 cr

    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

  • NFOs: 13 mutual funds and 2 SIFs are open for subscription. Check dates and key details

    Around 13 mutual funds and two Specialized Investment Funds are currently open for subscription across ca ...More

    Around 13 mutual funds and two Specialized Investment Funds are currently open for subscription across categories including hybrid, index, ETF, multi-asset and large & midcap funds. Investors can choose from offerings by ICICI Prudential, SBI, Mirae Asset, UTI and others. ...Less

  • Raamdeo Agrawal's 7 book recommendations for stock market investors

    Motilal Oswal Chairman Raamdeo Agrawal says purposeful reading shapes better investors and recommends sev ...More

    Motilal Oswal Chairman Raamdeo Agrawal says purposeful reading shapes better investors and recommends seven timeless investing books, including works by Peter Lynch, Warren Buffett, Philip Fisher and Howard Marks, urging readers to internalise key lessons instead of chasing dozens of titles. ...Less

  • Ranveer Allahbadia reveals the lesson he learned while building BeerBiceps: 'If you're earning under ₹50,000 a month...'

    YouTuber Ranveer Allahbadia, known for BeerBiceps, advised focusing on increasing income over investing f ...More

    YouTuber Ranveer Allahbadia, known for BeerBiceps, advised focusing on increasing income over investing for those earning under ₹50,000 monthly. He stressed that doubling earnings significantly impacts financial growth more than saving small amounts. This perspective sparked debate online, with some users highlighting the limitations of corporate jobs and the varying value of savings across different cities. ...Less

  • Where are the unicorns of 2021

    In 2021, India witnessed a surge of 39 startups achieving unicorn status. Following a period of easy fund ...More

    In 2021, India witnessed a surge of 39 startups achieving unicorn status. Following a period of easy funding, these companies, including Cred and Meesho, now navigate a changed landscape marked by global uncertainties and investor caution. While some, like Cred, continue to secure significant investments, others are adapting their strategies or pursuing public listings, reflecting the evolving dynamics of the startup ecosystem. ...Less

  • Leading Indian brokerages gear up to offer seamless access to global stocks via GIFT City

    Indian investors can now easily buy foreign stocks like Apple and Nvidia through GIFT City, thanks to maj ...More

    Indian investors can now easily buy foreign stocks like Apple and Nvidia through GIFT City, thanks to major discount brokers like Groww and Zerodha launching overseas investing services. This move, facilitated by the Liberalised Remittance Scheme, allows investments starting from just $1 with fractional shares. While charges include brokerage and forex conversion, GIFT City offers a regulated framework for these international investments. ...Less

  • IT growth vectors "clearly missing"; EV capex pullback hits ER&D players: Mayuresh Joshi

    India's IT and ER&D sectors are navigating a structural slowdown, with EV capex cuts impacting companies ...More

    India's IT and ER&D sectors are navigating a structural slowdown, with EV capex cuts impacting companies like KPIT. Near-term macro risks, including geopolitical tensions and inflation, cloud the outlook. Metals face price pressure from increased supply, though low inventories offer future potential. Kotak's Standard Chartered deal appears fairly priced, but execution is key. Mid-sized private banks, however, present a stronger opportunity, while broking stocks face RBI headwinds. ...Less

  • Why Rakesh Jhunjhunwala bought Titan shares when everyone else was selling? Raamdeo Agrawal explains

    Raamdeo Agrawal recalls Rakesh Jhunjhunwala’s exceptional ability to spot undervalued stocks and build lo ...More

    Raamdeo Agrawal recalls Rakesh Jhunjhunwala’s exceptional ability to spot undervalued stocks and build long-term wealth, highlighting his famous Titan investment as a defining example. Despite early setbacks in the company, Jhunjhunwala accumulated shares at low prices and held them through its transformation into a major jewellery business, creating massive wealth over two decades. ...Less

  • Ahead of Market: 10 things that will decide stock market action on Wednesday

    Indian equities declined for a second session as investors stayed cautious despite easing geopolitical te ...More

    Indian equities declined for a second session as investors stayed cautious despite easing geopolitical tensions. Sensex lost nearly 250 points and Nifty fell over 80, while analysts expect recovery if the index holds above the crucial 23,800 support level. ...Less

  • UK overtakes India in global unicorn rankings as AI-driven valuations surge: Hurun

    India has dropped to fourth place globally in unicorn rankings, with the UK now holding third position. W ...More

    India has dropped to fourth place globally in unicorn rankings, with the UK now holding third position. While the US and China lead, India's startup ecosystem saw slower growth in new unicorns, though several went public. Artificial intelligence is driving massive valuations across sectors, significantly boosting the AI and cybersecurity industries worldwide. ...Less

  • Buying US stocks via Gift City to get easier as Zerodha, Groww, Angel One and Upstox get nod

    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, Groww, Angel One, Upstox get Gift City nod to offer US stocks to Indian investors

    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

  • Stocks in news: Prime Focus, Groww, GIC RE, Wipro, Nykaa

    Indian benchmark indices traded with a positive bias, with the Nifty consolidating near the 24,000 mark a ...More

    Indian benchmark indices traded with a positive bias, with the Nifty consolidating near the 24,000 mark and closing near its day's high. Several companies, including Prime Focus, GIC RE, Wipro, Groww, and Nykaa, were in focus due to significant news developments. These ranged from regulatory approvals and successful acquisitions to strategic AI collaborations and expansion into international markets. ...Less

  • Young, loss-making startups keep OFS portion lean as investor scrutiny grows

    New-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, ...More

    New-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. Investors now prefer capital infusion for scaling and profitability over large shareholder exits. Companies like Zepto, Ola Electric, and PhysicsWallah exemplify this trend, signalling a market demand for businesses reinvesting in their future rather than facilitating early exits. ...Less

  • Kunal Shah heads to Meta; New-age IPO playbook

    Happy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding de ...More

    Happy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtech Morning Dispatch. ...Less

  • Retail investors’ bond rush; Rapido’s angels exit

    Happy Thursday! Retail participation in corporate bonds is surging as platforms ramp up awareness efforts ...More

    Happy Thursday! Retail participation in corporate bonds is surging as platforms ramp up awareness efforts. This and more in today’s ETtech Morning Dispatch. ...Less

  • BigBasket founder's exit; Pocket FM’s reverse flip

    Amazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO. ...More

    Amazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO. ...Less

  • Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins end

    Top global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian compan ...More

    Top global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian companies post-listing. This marks a shift, with IPOs now seen as the start of a longer monetisation cycle, allowing for staggered exits and continued upside for early backers. ...Less

  • Fintechs bet big on corporate bonds as retail participation surges

    Retail investors are increasingly participating in corporate bonds, with monthly investments surging to R ...More

    Retail investors are increasingly participating in corporate bonds, with monthly investments surging to Rs 1,500-2,000 crore. This growth is driven by increased advertising, investor education, and a wider range of issuers. Fintech platforms are actively expanding their offerings in this segment, recognizing bonds as a significant growth opportunity. ...Less

  • Dhan parent Raise Securities posts Rs 905 crore revenue, profit down 20% in FY26

    The company had reported net operating income of Rs 795 crore and a profit after tax of Rs 408 crore in F ...More

    The company had reported net operating income of Rs 795 crore and a profit after tax of Rs 408 crore in FY25. The rating agency attributed the increase in operating expenses in FY26 to elevated marketing spend, team expansion, and one-off non-recurring expenses. ...Less

  • Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share sale

    Turtlemint has set a price band of Rs 144-152 per share for its Rs 883 crore IPO, which opens on June 19. ...More

    Turtlemint has set a price band of Rs 144-152 per share for its Rs 883 crore IPO, which opens on June 19. The IPO comprises a fresh issue of Rs 660.72 crore and an offer for sale of Rs 221.94 crore at the upper band. At the upper end, the company will be valued at about Rs 4,513 crore, or $475 million, lower than the $900-950 million valuation, or about Rs 7,000 crore, at which it had raised funding in 2022. ...Less

  • Sarvam’s unicorn raise; Big exits in new IPOs

    Happy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in tod ...More

    Happy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch. ...Less

  • Sarvam joins unicorn club; Razorpay lines up IPO

    Fresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5. ...More

    Fresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5. ...Less

  • Trackk enters broking as wealthtech startups chase Gen Z investors

    Gen Z-focused investment platform Trackk is now venturing into broking, offering equity and F&O trading. ...More

    Gen Z-focused investment platform Trackk is now venturing into broking, offering equity and F&O trading. Shifting from its previous sub-broker role, the platform aims to build its own financial infrastructure to better serve its young user base. Trackk targets 500,000 accounts in the next year, focusing on first-time investors. ...Less

  • Pocket FM begins reverse flip talks; eyes potential India IPO

    Audio entertainment startup Pocket FM is reportedly in discussions to shift its holding structure back to ...More

    Audio entertainment startup Pocket FM is reportedly in discussions to shift its holding structure back to India, signalling potential plans for a domestic public listing. This move follows rival Kuku Technologies' formal steps towards an IPO, intensifying focus on India's growing audio and mobile-first storytelling market. ...Less

  • Razorpay confidentially files IPO papers with Sebi

    Fintech firm Razorpay is preparing for its stock market debut. The company has confidentially filed for a ...More

    Fintech firm Razorpay is preparing for its stock market debut. The company has confidentially filed for an initial public offering. Razorpay aims to raise between $600 million and $700 million. Its valuation is expected to be between $5 billion and $6 billion. This move signals a significant step for the digital payments giant. ...Less

  • Groww shares gain 3% as Goldman Sachs buys stake in Rs 210-crore block deal

    Billionbrain Garage Ventures, parent of Groww, saw its shares rally 3% after Goldman Sachs acquired over ...More

    Billionbrain Garage Ventures, parent of Groww, saw its shares rally 3% after Goldman Sachs acquired over 1.13 crore shares for Rs 210.43 crore. The company reported a strong Q4 with net profit up 122% year-on-year to Rs 686 crore, driven by equity derivatives and lending businesses. ...Less

  • Smart money move: Why Groww MF's equity chief is betting on multicap strategies

    Anupam Tiwari of Groww Mutual Fund warns of a potential oil shock. He believes a multicap strategy combin ...More

    Anupam Tiwari of Groww Mutual Fund warns of a potential oil shock. He believes a multicap strategy combined with bottom-up investing is suitable for current market conditions. Valuations in mid and small caps have improved, making active stock picking more viable. Tiwari highlights opportunities in financials, industrials, autos, and specialty chemicals. ...Less

  • 5 multicap mutual funds with maximum mid and smallcap exposure. Check details

    Multicap funds are required to allocate at least 25% each to large, mid and smallcap stocks, but some sch ...More

    Multicap funds are required to allocate at least 25% each to large, mid and smallcap stocks, but some schemes have significantly higher exposure to the riskier mid and smallcap segments. Nippon India Nifty 500 Equal Weight Index Fund topped the list in April 2026, followed by Samco, Groww, DSP and Bajaj Finserv Multi Cap Fund. ...Less

  • Wealth firm Nexedge Capital looking to close a $25 million funding round to be led by Mirae

    Nexedge Capital, a wealth management firm for ultra-high-net-worth individuals, is nearing a $25 million ...More

    Nexedge Capital, a wealth management firm for ultra-high-net-worth individuals, is nearing a $25 million funding round. South Korean firm Mirae Asset Venture Investment is expected to lead the investment. This marks Nexedge's first institutional funding. The startup manages significant assets and serves numerous families. It competes with other emerging wealth management platforms in India. ...Less

  • Brokers prepare rollout of algo trading tools for retail investors

    Major brokers are set to launch algorithmic trading tools for retail investors in the coming months, foll ...More

    Major brokers are set to launch algorithmic trading tools for retail investors in the coming months, following enhanced regulatory clarity. This move aims to expand broker revenue streams and help fintech firms scale by offering accessible algo strategies, potentially for as low as ₹5,000 per strategy. ...Less

  • SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x return

    SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 ...More

    SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wednesday. The shares were sold at Rs 508.55 apiece, with Goldman Sachs, Fidelity, Quant Mutual Fund, WhiteOak Capital, and other institutional investors among the buyers. SoftBank’s stake has now fallen to 9.88%. ...Less

  • Tech View: Support at 23,000–23,100 zone remains critical for Nifty Bulls

    Nifty is trading range-bound with a bearish bias below 23,500–23,860 resistance, while 23,000–23,100 acts ...More

    Nifty is trading range-bound with a bearish bias below 23,500–23,860 resistance, while 23,000–23,100 acts as crucial support. Analysts suggest a move above 23,500 could revive buying, with a breakout above 23,860 strengthening the bullish case. Selling persisted, with RSI showing a bearish crossover and call writers outnumbering put writers. ...Less

  • 100 days of Iran war, Rs 4,50,000 crore wiped out: Is your stock portfolio safe from missiles?

    Indian equities have lost Rs 4.5 lakh crore in 100 days as the Iran-led West Asia conflict and a global A ...More

    Indian equities have lost Rs 4.5 lakh crore in 100 days as the Iran-led West Asia conflict and a global AI trade unwind trigger sharp FII outflows. Banking, oil and IT stocks led declines, while pharma outperformed. Analysts warn of earnings downgrades, though valuations are turning attractive in select segments. ...Less

  • IT needs selectivity, not blind bargain hunting; Energy, defence and healthcare offer better opportunities: Gurmeet Chadha

    Market expert Gurmeet Chadha advises investors to be selective in the IT sector, despite attractive valua ...More

    Market expert Gurmeet Chadha advises investors to be selective in the IT sector, despite attractive valuations, focusing on stock-specific opportunities. He highlights stronger growth visibility in energy, defence, healthcare, and capital market plays, while suggesting midcap IT firms are better positioned for AI monetization. ...Less

  • Multicap vs flexicap mutual funds: Which is better placed amid market volatility?

    Market volatility prompts a look at multicap and flexicap mutual funds. Experts weigh in on their suitabi ...More

    Market volatility prompts a look at multicap and flexicap mutual funds. Experts weigh in on their suitability for uncertain times. Multicap funds offer disciplined allocation across market caps. Flexicap funds provide managers flexibility to adjust holdings. A balanced portfolio strategy across different equity categories is advised for investors to navigate market swings effectively. ...Less

  • NFO Update: Groww Mutual Fund launches Groww Nifty Smallcap 250 Momentum Quality 100 ETF

    Groww Mutual Fund has launched the Groww Nifty Smallcap 250 Momentum Quality 100 ETF, offering passive ex ...More

    Groww Mutual Fund has launched the Groww Nifty Smallcap 250 Momentum Quality 100 ETF, offering passive exposure to small-cap companies selected on momentum and quality factors. The ETF aims to provide diversified participation in India’s small-cap segment through a rules-based investment strategy focused on stronger price trends and relatively sound fundamentals. ...Less

  • Peak XV in talks to back Ringg AI as voice AI gains attention: Sources

    Peak XV Partners is reportedly leading a $10 million funding round for Bengaluru-based voice AI startup R ...More

    Peak XV Partners is reportedly leading a $10 million funding round for Bengaluru-based voice AI startup Ringg AI, highlighting investor enthusiasm for the technology. This move underscores the growing recognition of voice AI beyond call centers, with investors now segmenting the market into various applications. The trend signals a significant shift towards voice as a primary interface, especially in India. ...Less

  • SBI Small Cap among 5 smallcap funds with highest cash holding. Check details

    Several small-cap mutual funds maintained elevated cash positions in April, reflecting a cautious approac ...More

    Several small-cap mutual funds maintained elevated cash positions in April, reflecting a cautious approach amid market conditions. Bandhan Small Cap Fund held the highest cash allocation at 13.2%, followed closely by Groww Small Cap Fund at 13%. SBI Small Cap Fund, HDFC Small Cap Fund and Quantum Small Cap Fund also maintained sizeable cash reserves, potentially providing flexibility for future investment opportunities. ...Less

  • Groww, Lenskart, 9 other stocks among Motilal’s non-Nifty ideas. Check full list

    Motilal Oswal has revealed its top non-Nifty stock picks. The brokerage anticipates robust earnings growt ...More

    Motilal Oswal has revealed its top non-Nifty stock picks. The brokerage anticipates robust earnings growth for these companies. Key names include ICICI Prudential AMC, TVS Motor, and Dixon Technologies. Delhivery shows the highest projected earnings expansion. Investors can explore these opportunities for potential gains. ...Less

  • Rs 10,000 monthly investment in post office RD vs SBI RD: Where will you get higher maturity amount in 5 years?

    Investing Rs 10,000 monthly in a Post Office Recurring Deposit for five years yields a higher maturity am ...More

    Investing Rs 10,000 monthly in a Post Office Recurring Deposit for five years yields a higher maturity amount than an SBI RD. The Post Office RD offers an estimated Rs 7.14 lakh, while SBI RD provides Rs 7.02 lakh. This difference means an investor earns approximately Rs 12,244 more with the Post Office option. ...Less

  • Japan’s MUFG readies $250 million India fund as investor mix shifts in startup funding

    Japan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus o ...More

    Japan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies, especially in fintech. This move comes as other major investors have slowed their activity. MUFG's initiative aims to fill this gap, backing India's digital growth. The fund could expand to $400 million. ...Less

  • Q4 earnings review: Motilal Oswal highlights broad-based beat on estimates, lists 6 sectors that exceeded expectations

    Motilal Oswal said Q4 FY26 earnings surpassed expectations, with aggregate profits rising 16% year-on-yea ...More

    Motilal Oswal said Q4 FY26 earnings surpassed expectations, with aggregate profits rising 16% year-on-year against its 8% estimate. Strong performances from BFSI, metals, OMCs, technology, telecom and automobiles drove the beat, while oil & gas lagged. The brokerage remains selective, favouring domestic growth-oriented sectors and stocks. ...Less

  • Groww promoter group sells 0.23% stake for around Rs 250-260 crore

    Groww's promoter group has sold a stake worth approximately Rs 250-260 crore. This follows significant sa ...More

    Groww's promoter group has sold a stake worth approximately Rs 250-260 crore. This follows significant sales by early investors like Peak XV Partners and Y Combinator. The wealthtech startup, cofounded by Lalit Keshre and others, has seen its share price rise substantially since its IPO. ...Less

  • AI spooks IT valuations; Groww promoters cut stake

    AI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5 ...More

    AI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5. ...Less

  • Listed brokers, exchanges rake in profits even as war clouds linger

    India's listed brokers and exchanges reported robust March quarter earnings, driven by a surge in Margin ...More

    India's listed brokers and exchanges reported robust March quarter earnings, driven by a surge in Margin Trading Facility (MTF) and a favorable base effect. Increased market volatility, strong commodity trading, and elevated VIX levels also boosted volumes. Brokers are diversifying income streams beyond core broking, evolving into 'pseudo-NBFCs' with offerings like wealth management and insurance. ...Less

  • Q4 earnings roundup: Raymond Realty, MCX among 19 companies that delivered 100%+ growth in sales and PAT

    A select group of 19 large-cap BSE-listed companies achieved triple-digit growth in both profit and reven ...More

    A select group of 19 large-cap BSE-listed companies achieved triple-digit growth in both profit and revenue during Q4FY26, indicating strong business momentum. Raymond Realty and 63 Moons Technologies were among the top performers, showcasing robust execution and demand. While many firms saw significant profit jumps, only a few managed to double both revenue and profit simultaneously. ...Less

  • Mutual funds cut exposure to private banks for 2nd straight month in April. Is banking sector under pressure?

    Mutual funds reduced their exposure to private banks for the second consecutive month in April, driven by ...More

    Mutual funds reduced their exposure to private banks for the second consecutive month in April, driven by tactical rotation and near-term earnings and margin concerns. Experts suggest this is a short-term adjustment rather than a structural shift, with banking sector funds experiencing recent declines but offering long-term accumulation opportunities. ...Less

  • Peak XV, YC and Ribbit pocket up to 94x returns from Groww stake sales as IPO lock-in ends

    Groww's early investors have sold shares after their IPO lock-in period ended. This move has generated ma ...More

    Groww's early investors have sold shares after their IPO lock-in period ended. This move has generated massive returns for firms like Peak XV, Ribbit Capital, and Y Combinator. The block deal involved millions of shares. Groww's stock has seen significant growth since its listing. ...Less

  • Groww shares jump 6% even as Peak XV, two other US investors sell stake worth Rs 5,326 crore. What lies ahead?

    Billionbrains Garage Ventures shares rebounded on Wednesday, recovering Tuesday’s losses triggered by a R ...More

    Billionbrains Garage Ventures shares rebounded on Wednesday, recovering Tuesday’s losses triggered by a Rs 5,326 crore stake sale by Peak XV Partners, Ribbit Capital, and YC Holdings. The investors sold over 29.5 crore shares via bulk deals at an average price of Rs 180.43 apiece, a 1.5% discount to the previous closing price. ...Less

  • Peak XV, Sequoia, other funds to sell a part of Groww stakes in Rs 4,750-cr deal

    Leading investors like Peak XV Partners and Sequoia are set to sell a portion of their stakes in digital ...More

    Leading investors like Peak XV Partners and Sequoia are set to sell a portion of their stakes in digital brokerage Groww through a ₹4,750-crore block deal. This stake sale, involving nearly 4.3% of the company's equity, follows the expiry of Groww's six-month post-IPO shareholder lock-in period. ...Less

  • Groww investors reap bumper returns; Lightspeed’s India rethink

    Happy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and ...More

    Happy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dispatch. ...Less

  • Groww stake sale: Peak XV, Sequoia, others to sell equity worth Rs 4,750 crore; floor price at Rs 177/share

    Existing investors in Groww, including Sequoia Capital and Ribbit Capital, plan to sell shares worth Rs 4 ...More

    Existing investors in Groww, including Sequoia Capital and Ribbit Capital, plan to sell shares worth Rs 4,750 crore through block deals at a discount. The proposed transaction triggered a sharp decline in the stock price amid concerns over large institutional stake sales. ...Less

  • Groww shares sink 7% as Peak XV, Sequoia, others launch Rs 5,637-crore stake sale amid IPO lock-in expiry

    Existing investors in Billionbrains Garage Ventures, parent of Groww, share price tanked 7% after Rs 5,63 ...More

    Existing investors in Billionbrains Garage Ventures, parent of Groww, share price tanked 7% after Rs 5,637 crore block deal through secondary market transactions. The deal, involving Peak XV, Ribbit and Sequoia-backed entities, is priced at an 8.5% discount to the prevailing market price and may keep the stock in focus during Tuesday’s trading session. ...Less

  • Why foreign investors are exiting Nifty giants to hunt in India's small and midcap market

    Foreign institutional investors are shifting their focus from India's top blue-chip stocks to a wider arr ...More

    Foreign institutional investors are shifting their focus from India's top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is driven by growth opportunities in sectors like capital goods, manufacturing, and new-age tech, despite an overall decline in FPI holdings in India. ...Less

  • Groww investors make bank; Mobikwik, Fractal's Q4 profits surge

    Groww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ...More

    Groww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5. ...Less

  • Fintechs looking to AI to unlock opportunities, cost efficiencies

    India's leading fintech firms, including Paytm, PB Fintech, and Groww, are aggressively expanding into ne ...More

    India's leading fintech firms, including Paytm, PB Fintech, and Groww, are aggressively expanding into new business areas like wealth management and AI-driven services to fuel future growth. These companies are leveraging artificial intelligence to enhance customer experiences, improve operational efficiency, and unlock new revenue streams, marking a significant shift in their strategic focus. ...Less

  • Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuation

    Happy Wednesday! The government plans to translate legal provisions into software code that enforces comp ...More

    Happy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in today's ETtech Morning Dispatch. ...Less

  • From Rs 50,000 salary to Rs 5 crore retirement corpus: How long it may take to build wealth

    Building a Rs 5 crore retirement corpus on a Rs 50,000 salary is achievable with disciplined investing, t ...More

    Building a Rs 5 crore retirement corpus on a Rs 50,000 salary is achievable with disciplined investing, time and strategy. Investing 30% of your salary monthly via SIP may take 31 years, but a 7% annual step-up can cut it to 25–26 years. Experts say higher savings, better returns and periodic reviews accelerate wealth creation, while asset allocation and risk appetite play a crucial role in long-term success. ...Less

  • Stocks in news: Groww, Dr Reddy's, Waaree Energies, Lenskart, SBI

    Markets experienced a sharp risk-off session on Monday, with indices declining amid broad selling. Invest ...More

    Markets experienced a sharp risk-off session on Monday, with indices declining amid broad selling. Investors are advised to avoid aggressive index bets and await clearer directional signals. Pharma and healthcare stocks remain preferred, while dips in energy and metal sectors offer accumulation opportunities. ...Less

  • Scoop: Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startups

    Three former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle C ...More

    Three former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital. The new venture capital fund aims to raise $350-400 million. Mettle Capital will invest in Indian startups at Series A and B stages, with selective seed bets. The fund plans to close its fundraising within the next quarter and begin deploying capital by September-October. ...Less

  • Dhan parent enters insurance broking with GreenLife Insurance acquisition

    Raise Financial, parent of stock trading platform Dhan, has acquired GreenLife Insurance for approximatel ...More

    Raise Financial, parent of stock trading platform Dhan, has acquired GreenLife Insurance for approximately $15 million in a cash and stock deal. This strategic move aims to build a direct consumer and insurance distribution business, leveraging GreenLife's decade-long expertise. ...Less

  • Rs 18 lakh crore wiped out: Has the brutal Indian IT stock crash finally bottomed?

    India's top IT companies have seen Rs 17.6 lakh crore wiped out in a multi-month bear market. Valuations ...More

    India's top IT companies have seen Rs 17.6 lakh crore wiped out in a multi-month bear market. Valuations are at levels not seen since the global financial crisis. Concerns over generative artificial intelligence and weak spending have driven the Nifty IT index down sharply. ...Less

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