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 ...
‘A portfolio is like an Indian thali’: Radhika Gupta explains why global diversification mattersAt a time when Indian investors are increasingly exploring overseas markets amid strong performance in global equities, fund managers at th...
Defence mutual funds surge up to 25% in a month. Should you invest now or wait for a correction?Defence mutual funds have surged up to 25% in a month, driven by geopolitical tensions. Experts advise against chasing this sharp rally, ci...
PPFAS Mutual Fund among 15 AMCs to offer voluntary lock-in for folios. Here is how Sebi’s rule worksMutual fund investors can now temporarily block withdrawals and debits from their folios, with 15 AMCs, including PPFAS Mutual Fund, rollin...
Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
Competition doesn’t limit growth in India: Groww’s Lalit Keshre on building a full-stack wealth platformAfter steering Groww to a blockbuster IPO in under a decade, Keshre was named Entrepreneur of the Year at The Economic Times Awards for Cor...
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...
Groww doubles down on wealth management, lending to diversify revenue base: CEO Lalit KeshreGroww is stepping up focus on wealth management and lending to reduce dependence on its core broking business, said cofounder and chief exe...
Groww Q3 Results: Cons net profit drops 28% YoY to Rs 547 crore due to one-off, but revenue up 25%Groww Q3FY26 Results: Groww parent Billionbrains Garage Ventures reported a 27.8% YoY drop in consolidated profit for Q3 FY26, impacted by ...
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 ...
Groww IPO allotment date: Check status on MUFG Intime India and BSE; GMP holds steadyGroww’s Rs 6,632 crore IPO saw strong demand, with 17.6 times overall subscription. Investors can check allotment status via MUFG Intime In...
Fintech AMCs: Groww, Navi, Zerodha diversify revenue with asset managementGroww doubled its AUM, Zerodha Fund House grew nine times and Navi increased its portfolio by 44% in an otherwise good year for the mutual ...
The scam that wasn't? Groww issues 6-point clarification on failed mutual fund investmentGroww platform safeguards investments, ensures transparency in transactions, and advises customers to verify holdings with CAMS, Kfintech, ...
Groww faces social media ire over allegations of false folio creationA Groww user alleged fraud for money deducted without investment. Hanendra Pratap Singh on social media accused Groww of not investing in a...
Groww Mutual Fund launches Groww Nifty Smallcap 250 Index FundGroww Nifty Smallcap 250 Index Fund will be benchmarked against Nifty Smallcap 250 Index-TRI. The new fund offer will open for subscription...
Groww secures Sebi nod for first fund, names chief executive for AMC businessThe Peak XV and Ribbit Capital-backed fintech has appointed Varun Gupta as chief executive officer of the asset management business. Gupta,...
Groww completes Rs 175cr Indiabulls Mutual Fund biz acquisitionThe transaction had received approval from Competition Commission of India in September 2021. The closing date of the deal was May 3, the f...