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DHAN FUNDRAISE
Dhan parent Raise Financial acquires algo-trading startup Stratzy in cash-and-stock dealThe deal values Stratzy at $5–6 million, according to sources. ET had first reported on the acquisition on November 19 last year. Startzy i...- Oracle cuts 20% of India staff; War jitters stall fintech IPOsHappy Thursday! Oracle’s global job cuts have impacted 10,000 employees in India. This and more in today’s ETtech Morning Dispatch.
- Sahi eyes $80 million from Accel Growth, Bessemer, othersNew-age stock trading platform Sahi, cofounded by Swiggy’s former chief technology officer Dale Vaz, is in advanced talks to raise $60-80 m...
- Dhan in talks to acquire Elevation Capital-backed Infinyte Club in cash and equity dealFounded in 2023 by Ankita Tandon and Joylita Saldanha, Infinyte Club offers wealth management tools targeted at startup employees and opera...
- Zetwerk's pre-IPO move; War hits your deliveriesHappy Monday! Zetwerk is in talks to raise pre-IPO funding. This and more in today's ETtech Morning Dispatch.
- Shailendra Singh on Peak XV exits; Tax breaks for global talentHappy Wednesday! Shailendra Singh says three high-profile MDs left Peak XV Partners over “disagreements”. This and more in today’s ET Morni...
- Big exits at Peak XV; SC slams Meta, WhatsAppThree managing directors at Peak XV Partners have left the building to launch their own investment fund. This and more in today's ETtech To...
- Elevation offloads Paytm stake; Souring Bira betElevation Capital sold shares in Paytm for the first time since the fintech’s 2021 listing. This and more in today’s ETtech Top 5.
- Dhan turns unicorn with close of $120 million fundraise led by Hornbill CapitalCofounder and CEO Pravin Jadhav said the raise began in September 2024, coinciding with key regulatory shifts. He added that Dhan fielded i...
- Dhan's unicorn fundraise; IT's flat Q2Happy Monday! Stock-trading startup Dhan has raised $120 million at a unicorn valuation. This and more in today's ETtech Morning Dispatch.
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Dhan closes in on $200 million fundraise from ChrysCap, Alpha Wave, MUFGDhan, an online stock trading platform, is poised to become a unicorn with a $190-200 million funding round led by ChrysCapital. The invest...
- Dhan’s funding nears close; BNPL gets regulated outHappy Thursday! Stock broking startup Dhan is poised to finalise its long-awaited funding round. This and more in today’s ETtech Morning Di...
- Groww in talks to rack up pre-IPO funding at $6.5 billion valuationSingapore’s sovereign wealth fund GIC, existing investor Tiger Global tapped, according to sources in the know. Groww, which started as a d...
- Sidbi's India Microfinance Equity Fund doesn't find many takersSeveral NBFC-MFIs found the clauses attached for taking the funding support from Sidbi quite stringent. They believe the clauses may create...
- ETtech Deals Digest: Bharti Airtel, Swiggy, Moglix raise fundsTelecom major Airtel, food delivery platform Swiggy and Ola Electric were among the startups/companies that raised funding this week.
- Raise Financial gets $22 million funding from Beenext, Mirae AssetRaise Financial Services, a fintech startup founded by ex-Paytm Money CEO Pravin Jadhav, plans to invest $15 million to grow its ‘Dhan’ pla...
- Fund crunch in Gujarat Congress ahead of 2019The fund crunch in Gujarat, according to a senior Congress leader, had resulted in part from the generational shift in leadership in the pa...
- India to tighten rules for credit cooperatives to protect investorsIndia will crack down on errant financial firms that raise funds, mainly from millions of rural poor customers.
- Scale and sustainability at the heart of the winners of The Times of India Social Impact AwardsScale and sustainability were at the heart of the choices made by the jury picking the winners of The Times of India Social Impact Awards.
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