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

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

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

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

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

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

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

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

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

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

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

The stock listed at Rs 134.90 on the National Stock Exchange (NSE), an 11.25% discount to its IPO issue p ...More

The stock listed at Rs 134.90 on the National Stock Exchange (NSE), an 11.25% discount to its IPO issue price of Rs 152. It closed at Rs 135.37, still nearly 11% below the issue price. At Monday’s close, Turtlemint’s market value stood at about Rs 4,019 crore, as against about Rs 4,513 crore at the issue price. ...Less

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 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

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

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

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

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

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

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

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

...More

...Less

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

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

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

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

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

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

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

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

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

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

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 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

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

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

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 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

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'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

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

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 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

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

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

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

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

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

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

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

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

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

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

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

Twelve equity mutual funds delivered over 10% returns in the past year, led by TRUSTMF Small Cap Fund wit ...More

Twelve equity mutual funds delivered over 10% returns in the past year, led by TRUSTMF Small Cap Fund with 19.24%. Midcap schemes from ICICI Prudential, HSBC and Mirae Asset also featured among the top performers. Overall, 284 schemes were analysed, with returns ranging from –11.51% to 9.86%. ...Less

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

India boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent i ...More

India boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with flexible licensing. A shift towards graduated licenses and a principles-based approach is needed to foster new financial products and services. This will unlock India's potential in consumer finance and cross-border money movement. ...Less

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

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

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

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

A surge in block trades is signaling a potential revival in India’s equity capital markets after a sluggi ...More

A surge in block trades is signaling a potential revival in India’s equity capital markets after a sluggish start to 2026. Large deals, including stake sales in Adani Ports and Special Economic Zone and investment platform Groww, have pushed May block trade proceeds to Rs 200 billion, the highest this year, boosting optimism amid weak IPO fundraising and underperformance in Indian equities. ...Less

Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by ...More

Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by concerns over AI disruption, slowing global IT spending, and muted earnings. This strategic shift reflects investor caution amid a transition phase for the IT sector, with a preference for domestic sectors like financials and defence. ...Less

FII holdings rose sharply in key large-cap names such as State Bank of India, Power Grid Corporation of I ...More

FII holdings rose sharply in key large-cap names such as State Bank of India, Power Grid Corporation of India, NTPC, and others in Q4 despite overall foreign outflows. ...Less

Domestic equity benchmarks ended marginally higher after four sessions of losses, supported by gains in m ...More

Domestic equity benchmarks ended marginally higher after four sessions of losses, supported by gains in metal, energy and consumer stocks. Analysts cautioned that bearish technical indicators and resistance near key levels could keep markets volatile, while broader sentiment remained tilted toward selective selling pressure. ...Less

Groww Mutual Fund has launched the Groww Nifty Private Bank ETF, a passive scheme tracking the Nifty Priv ...More

Groww Mutual Fund has launched the Groww Nifty Private Bank ETF, a passive scheme tracking the Nifty Private Bank Index TRI. The NFO is open until May 20. The fund offers exposure to private banking stocks with a low-cost, rules-based approach, aiming to minimise tracking error and deliver benchmark-aligned returns. ...Less

Indian equity markets extended losses for a fourth straight session as broad-based selling in IT, banking ...More

Indian equity markets extended losses for a fourth straight session as broad-based selling in IT, banking, auto, and consumer stocks dragged benchmarks lower. Weak global cues, rising inflation data, and technical breakdowns deepened bearish sentiment, with analysts warning further downside toward key support levels. ...Less

At a time when Indian investors are increasingly exploring overseas markets amid strong performance in gl ...More

At a time when Indian investors are increasingly exploring overseas markets amid strong performance in global equities, fund managers at the Groww India Investor Festival 2026 cautioned against treating international investing as a short-term return-chasing strategy. ...Less

Happy Monday! Instant house help startups collectively reached three million monthly bookings in April. T ...More

Happy Monday! Instant house help startups collectively reached three million monthly bookings in April. This and more in today's ETtech Morning Dispatch. ...Less

Young Indian investors are attracting VC attention as Gen Z-focused wealthtech firms like Trackk and Zomi ...More

Young Indian investors are attracting VC attention as Gen Z-focused wealthtech firms like Trackk and Zomint are in advanced talks to raise significant capital. This trend is fuelled by the success of platforms like Groww, inspiring further investment in early-stage fintech startups aiming to democratise wealth management. ...Less

Motilal Oswal Financial Services Chairman Raamdeo Agrawal said India remains one of the world’s best mark ...More

Motilal Oswal Financial Services Chairman Raamdeo Agrawal said India remains one of the world’s best markets for long-term wealth creation despite global uncertainties and AI-led shifts. Speaking at the Groww India Investor Festival 2026, he highlighted India’s strong compounding story, rising financialisation and potential for generating multibagger stocks. ...Less

Afcons Infrastructure shares jumped over 5% after the company secured its largest-ever international proj ...More

Afcons Infrastructure shares jumped over 5% after the company secured its largest-ever international project—a Rs 7,544 crore railway construction and rehabilitation order in Croatia. The win marks Afcons’ entry into the European infrastructure market, boosting sentiment as mutual funds raised stakes and technical indicators signalled strengthening momentum. ...Less

Veteran fund managers Rajeev Thakkar and Sankaran Naren believe select Indian IT stocks are becoming attr ...More

Veteran fund managers Rajeev Thakkar and Sankaran Naren believe select Indian IT stocks are becoming attractive despite AI disruption concerns. While Naren called the sector a contrarian valuation play with possible risks, Thakkar argued Indian IT firms have historically adapted to technological shifts, and AI-driven productivity could ultimately expand demand. ...Less

Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT ...More

Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff followed OpenAI’s launch of its Deployment Company, renewing fears of accelerated AI-led disruption. Weak sentiment persisted despite a record-high Wall Street rally and a weaker rupee. ...Less

PVR INOX shares dipped despite a return to profitability in the March quarter, reporting a net profit of ...More

PVR INOX shares dipped despite a return to profitability in the March quarter, reporting a net profit of Rs 187 crore. Strong performance from blockbuster films supported earnings recovery, with revenue rising 26% year-on-year. Analysts remain divided, with some maintaining 'Buy' ratings and others a 'Neutral' stance, citing content pipeline and occupancy sensitivities. ...Less

For a 5-year fixed deposit, the Post Office TD scheme currently offers a higher interest rate compared to ...More

For a 5-year fixed deposit, the Post Office TD scheme currently offers a higher interest rate compared to most public sector banks' 6%-6.25%. This translates to a significantly higher maturity amount on a Rs 2 lakh investment, with the Post Office TD potentially yielding nearly Rs 90,000 in returns. ...Less

Gold Exchange Traded Funds attracted substantial investment in April, with inflows surging by 34 percent. ...More

Gold Exchange Traded Funds attracted substantial investment in April, with inflows surging by 34 percent. This marks a positive trend for gold ETFs. Conversely, silver ETFs faced continued investor withdrawal for the third consecutive month. Despite these movements, gold prices remained relatively stable. Assets under management for gold ETFs also saw an increase. ...Less

Indian markets face temporary challenges with foreign outflows and geopolitical concerns. However, top in ...More

Indian markets face temporary challenges with foreign outflows and geopolitical concerns. However, top investors Ramesh Damani and Sunil Singhania emphasize that India's fundamental growth drivers are strong. They advise retail investors to ignore short-term noise and focus on long-term wealth creation through disciplined investing and compounding. Sectors like defence, infrastructure, and energy offer opportunities. ...Less

Peak XV Partners, India's largest VC firm, has appointed Shelly Singh as an operating partner in its San ...More

Peak XV Partners, India's largest VC firm, has appointed Shelly Singh as an operating partner in its San Francisco office. This move strengthens the firm's focus on US deals, particularly in artificial intelligence. Singh will assist portfolio companies with growth strategies and operational outcomes. ...Less

Top mutual fund managers at the Groww India Investor Festival 2026 advised investors to avoid unrealistic ...More

Top mutual fund managers at the Groww India Investor Festival 2026 advised investors to avoid unrealistic return expectations, emotional investing and social media-driven decisions. They stressed disciplined SIP investing, asset allocation, patience and behavioural awareness as key drivers of long-term wealth creation while remaining optimistic about India’s long-term growth prospects. ...Less

Groww, led by Lalit Keshre, has become India's top stock broking platform. The company recently saw its m ...More

Groww, led by Lalit Keshre, has become India's top stock broking platform. The company recently saw its market capitalization surge significantly after a successful public listing. Groww achieved this growth by leveraging digital infrastructure and government databases. The company reported strong profits and substantial assets under management. Groww is now focusing on expanding its presence in the wealth management sector. ...Less

Delhivery has granted over 1 lakh stock options to employees under its ESOP 2012, effective May 1. The op ...More

Delhivery has granted over 1 lakh stock options to employees under its ESOP 2012, effective May 1. The options, exercisable at Re 1, will vest over four years, with a portion vesting after 12 months and the remainder over subsequent periods. This move aims to retain talent through equity participation and wealth creation. ...Less

Lalit Keshre, cofounder and CEO of Groww, has built India's largest stockbroking platform in under a deca ...More

Lalit Keshre, cofounder and CEO of Groww, has built India's largest stockbroking platform in under a decade, achieving a successful IPO and significant market capitalisation growth. Leveraging digital infrastructure, Groww aims to expand into wealth management by building a full-stack platform and identifying gaps in financial services. ...Less

Defence mutual funds have surged up to 25% in a month, driven by geopolitical tensions. Experts advise ag ...More

Defence mutual funds have surged up to 25% in a month, driven by geopolitical tensions. Experts advise against chasing this sharp rally, citing stretched valuations and long project timelines. Investors should consider gradual entry or diversified funds for long-term wealth creation. ...Less

IPO investors are bracing for a significant wave of lock-in expiries between May and August, with shares ...More

IPO investors are bracing for a significant wave of lock-in expiries between May and August, with shares of 83 newly-listed companies valued at $55 billion becoming eligible for trade. This period will see major companies like Lenskart, Groww, and Pine Labs experience their lock-in periods ending, potentially impacting market dynamics. ...Less

Seven new mutual fund schemes and three Specialised Investment Funds (SIFs) are currently open for subscr ...More

Seven new mutual fund schemes and three Specialised Investment Funds (SIFs) are currently open for subscription, offering investors fresh opportunities across equity, debt, hybrid, and thematic categories. ...Less

Groww's stock surged following robust March quarter results. The company reported significant year-on-yea ...More

Groww's stock surged following robust March quarter results. The company reported significant year-on-year growth in net profit and revenue. Analysts from Jefferies and Motilal Oswal recommend buying the stock, citing strong user adoption and market share gains. However, JM Financial maintains a sell rating, suggesting the current valuation is high despite future growth projections. ...Less

Interest rates may vary. If we talk about the post office, it offers a 6.7% interest rate on its RD, whil ...More

Interest rates may vary. If we talk about the post office, it offers a 6.7% interest rate on its RD, while its rate for the 5-year FD is 7.5%. Using both post office FD and RD for financial planning, you can create a nearly Rs 1 crore retirement corpus in 20 years even if you invest Rs 10 lakh in the FD and invest Rs 10,000 monthly in the RD. ...Less

Bengaluru's Sahi, a stock trading platform, has raised $33 million, valuing it at $200 million. The funds ...More

Bengaluru's Sahi, a stock trading platform, has raised $33 million, valuing it at $200 million. The funds will fuel expansion into margin trade funding, commodities, and mutual funds. Founded in 2023, Sahi aims to disrupt the broking space, already boasting 400,000 demat accounts and processing 3% of daily trades. AI integration for client decision-making is also a key focus. ...Less

Dream Sports has launched DreamStreet, a new stockbroking platform designed to simplify investing for Ind ...More

Dream Sports has launched DreamStreet, a new stockbroking platform designed to simplify investing for Indian retail investors, especially newcomers. Leveraging AI for insights and offering access to research analysts, the platform aims to build confidence among those hesitant to enter the market. This move signifies Dream Sports' diversification strategy following regulatory changes impacting its gaming business. ...Less

Government mulls mandating minimum design investment by firms under ECMS rules. This and more in today's ...More

Government mulls mandating minimum design investment by firms under ECMS rules. This and more in today's ETtech Top 5. ...Less

Smallcap and midcap stocks surged on Wednesday, outperforming broader market indices with gains of around ...More

Smallcap and midcap stocks surged on Wednesday, outperforming broader market indices with gains of around 1% each. This rally was fueled by strong earnings reports, a fall in oil prices, and renewed market optimism. Key gainers included Coforge, SRF, and Wockhardt, driven by significant profit increases and strategic investments. ...Less

Ujjwal Jain, CEO of PhonePe's stock trading platform Share.Market, has departed after four years, calling ...More

Ujjwal Jain, CEO of PhonePe's stock trading platform Share.Market, has departed after four years, calling it a "relaunch" for his next venture. Jain, who founded WealthDesk and OpenQ before their acquisition by PhonePe, led the launch of Share.Market in August 2023. This move occurs as PhonePe has postponed its IPO plans. ...Less

After steering Groww to a blockbuster IPO in under a decade, Keshre was named Entrepreneur of the Year at ...More

After steering Groww to a blockbuster IPO in under a decade, Keshre was named Entrepreneur of the Year at The Economic Times Awards for Corporate Excellence 2025, having outpaced legacy bank-backed brokerages and established fintech incumbents. ...Less

Happy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’ ...More

Happy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch. ...Less

Billionbrains Garage Ventures (Groww) is set to report earnings Monday, with investors questioning whethe ...More

Billionbrains Garage Ventures (Groww) is set to report earnings Monday, with investors questioning whether its rich valuation is justified. The stock has surged 29% this year. Analysts expect net income to double to Rs 6.6 billion, but its 43x forward P/E—higher than Robinhood, Interactive Brokers and Angel One—will keep scrutiny on the sustainability of growth. ...Less

Billionbrains Garage Ventures, operating Groww, saw operating revenue surge 87% to Rs 1,505 crore in the ...More

Billionbrains Garage Ventures, operating Groww, saw operating revenue surge 87% to Rs 1,505 crore in the March quarter of FY26. Full-year revenue reached Rs 4,644 crore. Net profit more than doubled to Rs 686 crore in the quarter. The company invested Rs 961 crore to acquire wealthtech startup Fisdom, bolstering its wealth management offerings. ...Less

Fintech firm Groww has issued 24.32 lakh employee stock options valued at approximately Rs 51 crore. This ...More

Fintech firm Groww has issued 24.32 lakh employee stock options valued at approximately Rs 51 crore. This follows the company's strong Q4 FY26 results, which showed an 87% revenue increase and more than doubled net profit. Groww is also focusing on AI for product development with a lean team. ...Less

Happy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billi ...More

Happy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in today's ETtech Morning Dispatch. ...Less