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DHAN STARTUP VALUATION
Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...- MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
- Uber's India data centre bet; Cyber cover meets AI riskUber will establish its first data centre in India with the Adani Group. This and more in today’s ETtech Top 5.
- Dhan parent enters insurance broking with GreenLife Insurance acquisitionRaise Financial, parent of stock trading platform Dhan, has acquired GreenLife Insurance for approximately $15 million in a cash and stock ...
- Stock trading startup Sahi secures $33 million from Accel, ElevationBengaluru's Sahi, a stock trading platform, has raised $33 million, valuing it at $200 million. The funds will fuel expansion into margin t...
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- Infosys weighs CEO change; Groww's Lalit Keshre on next growth betsHappy Wednesday! Infosys is set to discuss CEO Salil Parekh's tenure and a succession roadmap as it reports Q4 results. This and more in to...
- 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...
- TCS Nashik case escalates; Zepto’s road to IPOHappy Tuesday! TCS COO Aarthi Subramanian will head the investigation into a sexual harassment case at its Nashik unit. This and more in to...
- 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.
- 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...
- Stockbroker Dhan’s profit jumps 2.5 times to Rs 408 crore, revenue up 2.3XThe Mumbai-based wealthtech player, which focusses on high-frequency professional traders, was valued at $1.2 billion last year following a...
- Ramesh Damani, Aashish Somaiyaa invest in Zerodha's competitor DhanStock-trading startup Dhan raised $120 million at a $1.2 billion valuation, attracting marquee investors including Ramesh Damani and Aashis...
- 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.
- 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...
- Hornbill Capital submits $200 million bid to invest in Dhan at $1.25 billion valuationHornbill Capital, an India-focused hedge fund backed by Asian private equity firm Orchid Asia, has joined the war for stock market trading ...
- Lightspeed’s Bejul Somaia on the India opportunity; Q-comm’s EV rideHappy Monday! India holds an important place for Lightspeed despite the global reset in the tech sector, top official Bejul Somaia told us....
- ChrysCap, others look to put more funds in trading platform DhanDhan, a trading platform, is negotiating with ChrysCapital for funding that may raise its valuation to over $1 billion. Other US investors ...
- ChrysCapital, others in talks to take Dhan to unicorn club with $100-150 million fundingStock trading platform Dhan is negotiating with ChrysCapital for funding that could increase its valuation to over $1 billion, helping it e...
- New-age brokers ride on futures option to the bankBut the question remains with Sebi becoming careful about the sudden spurt in retail participation in this risky trading segment: how long ...
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