AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
Groww promoter group sells 0.23% stake for around Rs 250-260 croreGroww's promoter group has sold a stake worth approximately Rs 250-260 crore. This follows significant sales by early investors like Peak X...
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
Block deal rush sparks revival hopes in Indian stock marketA surge in block trades is signaling a potential revival in India’s equity capital markets after a sluggish start to 2026. Large deals, inc...
Scoop: Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startupsThree former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital. The new venture capital fu...
Groww shares jump 6% even as Peak XV, two other US investors sell stake worth Rs 5,326 crore. What lies ahead?Billionbrains Garage Ventures shares rebounded on Wednesday, recovering Tuesday’s losses triggered by a Rs 5,326 crore stake sale by Peak X...
Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
Peak XV, YC and Ribbit pocket up to 94x returns from Groww stake sales as IPO lock-in endsGroww's early investors have sold shares after their IPO lock-in period ended. This move has generated massive returns for firms like Peak ...
Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff follow...
Afcons Infrastructure shares jump 5% after securing Rs 7,544 crore Croatia railway projectAfcons Infrastructure shares jumped over 5% after the company secured its largest-ever international project—a Rs 7,544 crore railway const...
PVR Inox shares slide 6% in two days despite strong Q4 earnings. Do Motilal Oswal, Nuvama see any upside?PVR INOX shares dipped despite a return to profitability in the March quarter, reporting a net profit of Rs 187 crore. Strong performance f...
Groww shares sink 7% as Peak XV, Sequoia, others launch Rs 5,637-crore stake sale amid IPO lock-in expiryExisting investors in Billionbrains Garage Ventures, parent of Groww, share price tanked 7% after Rs 5,637 crore block deal through seconda...
Peak XV, Sequoia, other funds to sell a part of Groww stakes in Rs 4,750-cr dealLeading investors like Peak XV Partners and Sequoia are set to sell a portion of their stakes in digital brokerage Groww through a ₹4,750-c...
Groww stake sale: Peak XV, Sequoia, others to sell equity worth Rs 4,750 crore; floor price at Rs 177/shareExisting investors in Groww, including Sequoia Capital and Ribbit Capital, plan to sell shares worth Rs 4,750 crore through block deals at ...
New-age wealthtech startups Trackk, Zomint in talks to raise funding from Z47, Lightspeed, othersYoung Indian investors are attracting VC attention as Gen Z-focused wealthtech firms like Trackk and Zomint are in advanced talks to raise ...
IPO investors brace for 83 lock-in expiries worth $55 billion in three months. Do you own any?IPO investors are bracing for a significant wave of lock-in expiries between May and August, with shares of 83 newly-listed companies value...