Wealthy will be using the funds to penetrate deeper into the Indian market and expand globally, including in the Middle East, the Bengaluru...

The Bengaluru-based online wealth manager plans to use the funds to bolster its new product verticals, expand customer base and partner wit...

Online investment platform Groww plans to use the fresh funding from Tiger Global and others to expand its product suite, hire top-quality ...

Tiger Global is likely to bring in $50 million to the $100-million funding round, which will peg Groww's valuation at $1 billion. The lates...

Groww competes with Steadview Capital and Tiger Global-backed IndWealth and Accel Partners’ portfolio company Scripbox in providing an onli...

Many of the investing decisions of Non-Resident Indians (NRIs) are based on old wisdom, believes Scripbox & CEO founder Atul Shinghal. The ...

Sequoia Capital and Y Combinator also participated in the round, coming almost nine months after the online platform, which sells mutual fu...

Coverfox offers both life and non-life insurance policies. It has 50,000 agents and offers products from 45 insurance companies.

With economies of scale kicking in and opportunities to cross-sell and charge advisory fee, there’s already a degree of monetisation in the...

Scripbox had raised funds in 2016, when Omidyar Network had come in a year after it picked up its maiden institutional cheque.

Sanjiv Singhal started working on the idea for Scripbox -an algorithm to help people invest in the best mutual funds -in a small room on to...

The growth potential of online and mobile applicationbased distribution of mutual funds is fast attracting startups and investors.

While Rs 150 crore has been invested into the likes of scripbox, arthyantra, fundsindia and 5nuance, more are in the offing.

Fisdom has got Rs 3.4 crore from a clutch of angel investors which includes Taxiforsure cofounders Raghunandan G and Aprameya Radhakrishna.

Operational support has become a critical need for early startups, and institutional funds have risen to the challenge.

Scripbox automates the best practices for mutual fund investments. It adopts a scientific methodology for recommending the right portfolio.

The new round comes around six months after the startup raised its initial funding round from SAIF Partners and Accel India, who also parti...