PhonePe crosses 500 million registered users, alters top deckThe digital payments major has elevated a bunch of its business heads to the position of CEO for each of the business verticals
PhonePe enters stock broking segment, launches Share.Market appOn Wednesday, the startup launched Share.Market, which enables users to open trading accounts and invest in stocks, mutual funds, and ETFs.
PhonePe expects to achieve operational profit by 2025: CEO Sameer NigamWhile speaking on the sidelines of the launch PhonePe's stock trading platform Share.Market, Nigam said that PhonePe has now become a house...
WealthDesk’s Whitepaper discusses how the Unified Wealth Interface (UWI) will be a game changer for the asset, wealth and broking ecosystemUWI allows investment manufacturers to create innovative multi-asset investment products, package them into WealthBaskets, and then distrib...
PhonePe prepping for IPO; seeks valuation of $8-10 billionThe company will list on Indian stock exchanges as opposed to many startups that prefer to incorporate overseas, primarily Singapore or the...
Ola loses appetite for cloud kitchens; Meta sued for ‘hiring bias’ against US citizensOla is scaling back and looking to sell most of its kitchen equipment.
Walmart-backed PhonePe set to acquire WealthDesk, OpenQ for $75 millionPhonePe, which had also applied for a mutual fund license with the Securities and Exchange Board of India (Sebi) last December, will acquir...
Vedantu to sack another 424 employees; PhonePe to buy WealthDesk, OpenQ for $75MEdtech unicorn Vedantu said it is laying off another 424 employees – about 7% of its workforce – just days after sacking 200 contractual an...
Walmart buys way into India wealth management to take on AmazonPhonePe will buy WealthDesk for about $50 million and OpenQ for nearly $25 million, two sources directly aware of the matter said on Tuesda...
Can curated investment basket of well-chosen stocks replace mutual funds in your portfolio?Ready made stock portfolios run by renowned experts are proliferating. Find out if you should invest in them.
Curated portfolios can generate better gains, but mind the riskIn curated portfolios, investors are told when to buy or sell or make changes to the basket. The portfolio style could be based on various ...
Zerodha founder, others share concerns as Sebi looks to regulate API tradingMarket participants say by seeking to register every algorithm created for trading by retail investors, the market regulator may hinder inn...
Paytm Money launches wealth, investment advisory marketplacePaytm Money has partnered with Mumbai-based WealthDesk to offer investment portfolios called 'WealthBaskets' as the first step to build up ...
IIFL Sec partners with WealthDesk to bring premium investment experience to 2.2 mn retail investorsOwing to this partnership, IIFL Securities customers will now be able to invest in curated investment portfolios by using their broking cre...
WealthDesk closes its pre-Series A funding round at $3.2 millionWealthDesk, an investment technology platform, has received funding from former Blackstone Group executive Mathew Cyriac to close its pre-S...
RBI makes it easy for you to invest in govt bondsA difficult proposition now, once it is allowed, it could open up another avenue for retail investors to look at government-guaranteed, low...
WealthDesk partners with 63 moons to provide portfolio investing platformWith the help of ODIN connector broking gateway, WealthDesk can now enable WealthBasket portfolio investing for the end customers of the br...