Startup Mafia 3.0: Razorpay, Cred, Meesho help spawn 200+ foundersIndia’s new-generation startups are creating a fresh wave of founders, with executives from 111 firms launching over 200 new companies. Raz...
Once a 150% multibagger, One Mobikwik shares now trade 26% below IPO price. Time to exit?Fintech firm One MobiKwik Systems saw its stock surge on BSE's approval for its subsidiary's broking operations, though gains were mostly t...
Esop tax relief may widen; New-age startup IPO pipeline swellsHappy Tuesday! The government is mulling extension of the tax deferral on Esops to all startups. This and more in today’s ETtech Morning Di...
Groww’s margins near 60% as new businesses boost diversification; 3 segments to drive next phase of growth: Ishan BansalGroww’s margins have surged toward 60% as its fixed-cost model funnels revenue growth directly to profits, says CFO Ishan Bansal. With new ...
Zepto revives IPO plans; OpenAI’s Narayanan on IndQA & moreHappy Wednesday! Quick commerce major Zepto is set to take the first significant step towards listing soon. This and more in today’s ETtech...
IPO watch: Lenskart's final day rush; Groww gets early tractionLenskart's IPO closed on a strong note with heavy bids from institutional and retail investors alike. This and more in today's ETtech Top 5.
Groww to channel IPO proceeds into tech, brand, NBFC business expansion: CFO Ishan BansalGroww's parent company, Billionbrains Garage Ventures, plans to utilise IPO proceeds for technology investments, brand enhancement, and cap...
Anthropic's India push; Sebi ups broker scrutinyHappy Wednesday! Anthropic CEO Dario Amodei details the company's plans for India. 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.
Raise Financial Services appoints Amit Gupta as group CFOGupta brings over two decades of experience in financial services. He previously served as group CFO at non-banking financial company Arka ...
Reverse flipping by Indian startups gathers steam: Here’s all you need to knowBetter listing prospects and easier legal formalities are seeing many Indian startups change domicile to India from overseas. Here's a look...
Groww files for IPO; FirstCry, Nazara, Awfis report Q4 earningsWealthtech platform Groww is heading for the public markets after confidentially filing its draft IPO papers. This and more in today’s ETte...
Reliance eyes Flipkart veteran; Small towns seek wealthFlipkart's former chief product and technology officer is set to join Reliance Retail Ventures as CEO. This and more in today’s
Leading out in style, Gravita India shares may go up to Rs 2,350: Motilal OswalMotilal Oswal recommended buying Gravita India shares with a target price of Rs 2,350, driven by industry tailwinds and favorable policies....
Paytm Money CEO Varun Sridhar steps down; Rakesh Singh appointed as chief executivePaytm Money, the wealth management platform of One 97 Communication, has replaced chief executive Varun Sridhar, at the helm since 2020, wi...
Paytm Money appoints Vipul Mewada as CFOThe position of the finance chief at Paytm Money had been vacant since April 2023, when Amit Kapoor left the firm after a nearly three-year...
Infosys, HCLTech report Q2 profits; Groww becomes India’s largest stockbrokerIndian IT majors Infosys and HCLTech reported profits for the second quarter of FY24, despite numerous headwinds plaguing the sector. This ...