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CCI APPROVAL GROWW
Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...- The Rs 1 lakh crore debate: Can Sebi police IPO valuations or the buck stops with investors?The Indian IPO market faces a Rs 1 lakh crore debate as Lenskart and Groww seek high valuations, prompting questions about Sebi's role. Exp...
- India's wealthy chase AI boom; AI impact on ITHappy Tuesday! India's wealthy and their family offices are vying for stakes in unlisted technology giants. This and more in today's ETtech...
- Singapore's GIC gets CCI nod to acquire minority stake in GrowwFair trade regulator CCI on Tuesday cleared Singapore's sovereign wealth fund GIC's proposed acquisition of a 2.14 per cent stake in IPO-bo...
- Singapore's GIC gets CCI approval to buy stake in IPO-bound GrowwViggo Investment, a GIC subsidiary, secured CCI approval for a stake in Billionbrains Garage Ventures, Groww's owner. The investment is par...
- Groww to acquire Fisdom in a $150 million all-cash dealGroww, India's leading stockbroking platform, is set to acquire wealthtech startup Fisdom in an all-cash deal, valuing the latter between $...
- UPI extras miss mark; Amazon streamlines India opsHappy Friday! Most new features on Unified Payments Interface (UPI) have struggled to gain meaningful traction over the years. This and mor...
- GIC seeks CCI nod for 2.14% stake in IPO- bound GrowwDeal part of up to $300 million pre-IPO funding round with existing investors. GIC is expected to lead the round with an infusion of around...
- GIC’s Groww stake; Trump bites Apple’s India plansSingapore’s sovereign wealth fund GIC has approached the Competition Commission of India (CCI) for approval to acquire a stake in Groww. Th...
- Fintechs plug into EVs; Groww’s CCI nodHappy Wednesday! Fintech startups are tapping into India’s growing commercial EV market. This and more in today’s ETtech Morning Dispatch.
- Groww gets CCI approval for bonus shares, founders relinquish extra voting rightsFintech startup Groww has received CCI approval for issuing bonus shares, aligning voting rights, and preparing for a public listing in Ind...
- Exclusive: Groww’s valuation cut in domicile shift to India; Razorpay may followGroww paid Rs 1,340 crore ($160 million) in taxes to the US government, based on the new fair market value (FMV), which is more than 30% lo...
- Groww completes Rs 175 crore acquisition of Indiabulls’ mutual fund businessThis comes almost two years after Groww inked a definitive agreement in May 2021 to acquire the mutual fund business of IBHFL’s subsidiarie...
- PayU-BillDesk saga: uncertainty looms over Indian fintechsMultiple founders and investors ET spoke to said the development has come at a particularly challenging time for the sector, which has been...
- Groww raises fresh funds as valuation triples in six months to $3 billionGroww is part of a group of high-growth startups that have raised back-to-back financing at steep valuations this year, cornering a large c...
- Facebook's India problem; Groww valuation triples to $3BA series of damning reports on Friday and Saturday, based on internal company documents, showed that Facebook is aware its platforms are us...
- CCI clears Groww's acquisition of Indiabulls Asset Management CompanyThe Competition Commission of India (CCI) on Thursday gave its approval for Nextbillion Technology Pvt Ltd's acquisition of Indiabulls Asse...
- CCI approves Groww's acquisition of Indiabulls AMCThe digital platform had in May announced the acquisition of Indiabulls AMC for a total consideration of Rs 175 crore.
- Loan rangersIn today's ETtech Morning Dispatch, RBI set to put onus on lenders to monitor loan apps, Aarogya Setu to help build a database of plasma do...
- Mutual benefitFrom Groww foraying into mutual funds to Amazon vaccinating its frontline workers in India and Bytedance taking Tencent to court, here's a ...
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