Groww grants Esops worth around Rs 51 crore after strong Q4 resultsFintech firm Groww has issued 24.32 lakh employee stock options valued at approximately Rs 51 crore. This follows the company's strong Q4 F...
Razorpay set for confidential IPO filing; valuation may fall to around $5 billionThe fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walm...
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...
Groww IPO: Nithin Kamath, Aloke Bajpai, Ritesh Banglani debate profits, IPOs, & cash burnZerodha CEO Nithin Kamath posted on X that India’s tax system influences how startups grow, often encouraging them to focus on fast expansi...
Sequoia Capital US may join Groww’s anchor book ahead of IPOSequoia Capital US is likely to join the anchor investor book of online investment platform Groww, making it the Silicon Valley venture cap...
Groww IPO: Can it win over long-term investors despite market and regulatory challenges?Groww, a leading online investment platform, is set to launch its IPO, aiming to raise over ₹6,600 crore. Funds will bolster subsidiaries, ...
Groww raises Rs 2,985 crore from investors ahead of IPO, sovereign funds, SBI MF join anchor bookGroww’s Rs 6,632-crore initial public offering comprises a fresh issue of Rs 1,060 crore and an offer for sale (OFS) of 557 million shares ...
Pine Labs CEO interview; Groww's anchor book subscribersHappy Tuesday! Pine Labs has priced its IPO to attract more merchant investors, CEO Amrish Rau told us. This and more in today’s ETtech Mor...
Pine Labs IPO could unlock Esops worth Rs 1,360 croreA large chunk of an Esop pool is typically cornered by the key managerial personnel in a company. Amrish Rau, chief executive officer, Pine...
Esop windfall: Groww IPO to unlock employee wealth worth Rs 2,500 croreGroww's upcoming IPO is set to unlock significant employee wealth. The online investment platform aims for an $8 billion valuation. The IPO...
Groww founders boost stakes ahead of November IPORegulatory filings seen by ET show the four cofounders of Billionbrains Garage Ventures, Groww’s parent entity, increased their combined st...
China's rare earth curbs hit India; Groww eyes bondsChina's rare earth export controls are concerning Indian electronics manufacturers. This and more in today’s ETtech Top 5.
Bike taxis slam brakes in K’taka; Meesho’s flipback nodRide-hailing apps halted bike-taxi operations in Karnataka from Monday, as the high court-imposed ban came into effect. This and more in to...
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...
Homebound startups restructure; offline push by D2C brandsHappy Wednesday! Homegrown startups are stepping on the pedal for their move back home. This and more in today's ETtech Morning Dispatch.
Startups have an Esops fable to tellAs valuations zoom and buybacks rise, more employees opt for stock options
India's stock market most active right now since 2007: Zerodha CEO Nithin KamathZerodha CEO Nithin Kamath talks about the company's future and its self-certified $1 billion valuation and his take on the highly volatile ...