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STOCKBROKING AND WEALTHTECH PLATFORM
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 ...- Premji eyes Emergent bet; Krutrim plans unravelHappy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in tod...
- Groww has fully returned at least two US funds; among best IRRs of the decade for an Indian startup: early investor Anu HariharanWealthtech platform Groww is poised to deliver exceptional returns for early global investors, with its IPO unlocking significant gains. Th...
- Wealthtech scouts for pros to go beyond metrosThe demand for experienced professionals is far outpacing supply, with firms aggressively poaching from banks, brokerages and traditional w...
- Ola Electric slips to fourth in September E2W sales as Bajaj reclaims second spotIndia's electric two-wheeler market saw a shift in September as Ola Electric dropped to fourth place, with Bajaj Auto rising to second. Ove...
- Groww founders boost stakes ahead of November IPORegulatory filings seen by ET show the four cofounders of Billionbrains Garage Ventures, Groww’s parent entity, increased their combined st...
- These 7 Tier II cities mint most millionairesIndia's wealth creation is rapidly expanding beyond major metropolitan areas, though still concentrated in the top 10 states. While Mumbai,...
- Groww set to file revised draft IPO papers next weekOnline investment platform Groww is gearing up to file an updated draft red herring prospectus (DRHP) with the Securities and Exchange Boar...
- Groww to acquire Fisdom in a $150 million all-cash dealGroww, India's leading stockbroking platform, is set to acquire wealthtech startup Fisdom in an all-cash deal, valuing the latter between $...
- Small-town India takes to wealth advisory services in a fresh twistWealth management startups are seeing growing interest from smaller towns, driven by India’s financial growth and improved access to inform...
- Groww gets CCI approval for bonus shares, founders relinquish extra voting rightsFintech startup Groww has received CCI approval for issuing bonus shares, aligning voting rights, and preparing for a public listing in Ind...
- Digilocker outage stalls user onboarding at fintech firmsCustomer onboarding for stockbrokers has been halted due to an outage of Digilocker, a key platform for digital document verification since...
- 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...
- CDSL reviews Paytm Money's KYC processPaytm Money, the wealth management entity run by One 97 Communications, is being inspected by the Central Depository Services India. Earlie...
- Stable Money secures online bond platform licence from SebiBengaluru-based startup Stable Money obtained the OBPP license from Sebi, allowing them to offer online platform for company bonds. The lic...
- Coinswitch launches umbrella entity PeepalCo, restructures businessFounder Ashish Singhal said he will assume the role of group CEO, Vimal Sagar Tiwari as group chief operating officer, and Govind Soni as g...
- Groww likely to pip Zerodha in active investor count this monthGroww added almost a quarter million new active users in August, one of the people said. In July this number was 330,000. Zerodha, on the o...
- ETtech In-depth: Sebi’s crackdown on finfluencers unlikely to stop fraudEarlier this month, Sebi chairperson Madhabi Puri Buch invited ‘finfluencers’ — social media influencers who offer advice and information o...
- Coinswitch plans to launch service for trading of Indian stocksCoinswitch had earlier announced plans to offer conventional investment products like mutual funds, US stocks, etc., widening its scope bey...
- ETtech Explainer: Will Coinswitch click in India’s online broking space?While a bull run in the Indian stock markets bodes well for the cryptocurrency exchange, a slump in the number of active users on online br...
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