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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 ...
Design focus under ECMS; Kissht's strong IPO demandGovernment mulls mandating minimum design investment by firms under ECMS rules. This and more in today's ETtech Top 5.
Infosys Q4 profit spikes; Flipkart mulls separate app for MinutesInfosys closed FY26 with strong numbers aided by a pickup in demand from its banking, energy and communication segments. This and more in...
Boosting Rs 1.8 cr retirement corpus to Rs 9.1 cr: How your 8% salary hike can easily increase your SIP by 20%Boosting SIP investments beyond salary hikes can significantly amplify wealth creation. Increasing SIPs by 20% annually, compared to a flat...
Groww reports 25% jump in operating revenue at Rs 1,216 crore, but net profit dips 27%Groww reported an operating revenue of Rs 1,216 crore in the December quarter, up 24.8% from Rs 974 crore a year back. The company’s net pr...
Groww’s Q2 revenues drop 9.5% to Rs 1,018 crore, but net profit up 12%Groww’s operating revenue for the September quarter declined 9.5% year-on-year (YoY) to Rs 1,018 crore, but its net profit went up 12% to R...
Groww IPO Day 1: Issue subscribed 57% on strong retail demand; check GMP and other key details. Should you apply?Groww's IPO saw 57% subscription on day one, driven by strong retail investor interest and a 18% grey market premium. The digital-first ret...
Groww IPO now open for bidding: Check GMP, brokerage review, subscription and other key detailsGroww, India's leading retail investment platform, is set to launch its IPO on November 4, aiming to raise Rs 6,632 crore. Founded in 2017,...
Groww IPO: We make so much money, we could keep it all — but that’s not how you build a 100-year-old company: CEO Lalit KeshreWealth-tech platform Groww is gearing up for a November listing, aiming for an $8 billion valuation to fund expansion in Margin Trade Fundi...
Groww less vulnerable to F&O trading curbs than peers: NuvamaNuvama estimated that a 5% fall in F&O (futures and options) orders would reduce Groww’s revenue and after-tax profit by 2.5% and 4.4%, res...
Stock exchanges step up vigil as brokers cross-sell financial productsIndustry insiders further added that the vigil is not restricted only to offering loans, but also to so-called dark patterns on broking app...
Expect market to open up by end of FY26: Angel One group CEO KengheAngel One CEO Ambarish Kenghe expects business recovery by FY26 as regulatory and macroeconomic pressures ease. Despite a recent profit dip...
Groww gets into corporate bond distribution, set to apply for Sebi licenceBengaluru-based Groww plans to apply for an Online Bond Platform Provider licence to enable corporate bond trading via its app, expanding b...
Groww in talks to rack up pre-IPO funding at $6.5 billion valuationSingapore’s sovereign wealth fund GIC, existing investor Tiger Global tapped, according to sources in the know. Groww, which started as a d...
Groww Creditserv’s loan book grows to Rs 965 crore by JuneGroww’s NBFC arm, Groww Creditserv Technologies, expanded its loan book from Rs 731 crore to Rs 965 crore between March and June 2023. The ...
How tech-first stock brokers are diversifying into lendingStock broking startups are focusing on consumer loans as they look to diversify their business area. Large stock brokers like Groww and Ang...
Groww posts massive jump in FY23 revenue, but expenses climb tooAt Rs 1,294 crore, Groww’s total revenue shot up 252%, while profits increased to Rs 73 crore.
Fintech startups crowd NBFC queue to enter credit laneA growing number of fintechs are hoping to play the credit game to keep users sticky and expand revenue opportunities
Groww rolling out UPI payments via ‘Pay’ featureThe platform is using the unified payments interface (UPI) infrastructure and allows users to make peer-to-peer payments as well as payment...
Stock broking startups Groww, Upstox eye lending, payments to expand revenue baseTwo major challenger brands in the broking ecosystem, Groww and Upstox, are doubling down on their credit business, according to people in ...