Fintech News
Early Groww investor Friale Fund sells shares worth Rs 210 crore
Goldman Sachs Bank Europe SE purchased the entire stake in the transaction.
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#Stock Broking
Explore the latest news, in-depth reports, and executive analysis tagged with #Stock Broking.
Fintech News
Raise launches 'Millions' app to target Gen Z investors
The app it said is designed around a goal-based investing approach, allowing users to invest in stocks, mutual funds, SIPs and IPOs.
Fintech News
Groww founders sell shares worth Rs 270 crore after lock-in ends
CEO Lalit Keshre sold shares worth Rs 18.6 crore, while Harsh Jain, Neeraj Singh, and Ishan Bansal also sold part of their holdings.
Fintech News
PB Fintech gets SEBI approval to enter debt broking business
The approval for the stock broking business covers fixed-income instruments like corporate bonds, government securities, and treasury bills.
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Dream11 parent launches AI stock broking platform DreamStreet
Dream Sports' entry into stock broking comes at a time when the industry already has established new-age players.
Fintech News
PhonePe’s Share.Market CEO Ujjwal Jain steps down
In a LinkedIn post, Jain described his exit as the close of a long phase and the beginning of something new.
Fintech News
Sahi raises $33 million in Series B funding led by Accel Growth
Elevation Capital and Accel India participated in the investment round.
Fintech News
Groww doubles profit as revenue crosses Rs 1,500 crore in Q4 FY26
Total expenditure for the quarter grew 38% to Rs 599 crore in Q4 FY26, compared to Rs 435 crore in the corresponding period last year.
Fintech News
Dream11 parent set to enter stock broking space
The Mumbai-based company has secured all necessary regulatory approvals and is currently testing its product internally.
Fintech News
Dhan FY25 revenue more than doubles to Rs 877 crore
Dhan's net profit increased 2.6x to Rs 408 crore in FY25 from Rs 159 crore in the previous fiscal.
Fintech News
Zerodha invests in stock analytics platform Tijori Finance
Tijori Finance will use the fresh capital to develop new analytical tools, upgrade its server infrastructure, and expand its workforce.
Fintech News
Groww Q2 revenue falls 9.5% to Rs 1,018 crore, net profit rises
Its net profit increased 12% to Rs 471 crore in the quarter ended September from Rs 420 crore in the same quarter last year.
Fintech News
Groww raises Rs 2,984.5 crore from anchor investors
The anchor round saw participation from 17 domestic mutual funds, including HDFC, Kotak, SBI and Axis Bank.
Fintech News
Zerodha plans to offer US stock investment via GIFT City
This is significant as Zerodha has stayed away from the US investment product even as many other brokerage firms offer the facility.
Fintech News
Peak XV-backed Groww files revised papers for Rs 7,000 crore IPO
The public issue comprises a fresh share issuance worth Rs 1,020 crore and an offer for sale (OFS) of around Rs 5,000 crore by existing shareholders.
Fintech News
Stock broker Groww gets Sebi nod for $1 billion IPO
The markets regulator has given approval to Groww's IPO papers, which the platform had filed confidentially in May.
Fintech News
Flipkart-owned Super.money entering stock broking space
The Walmart-owned company is also looking to hire engineers and architects - "who are deep into stock markets."
Fintech News
MobiKwik enters stock broking business
SEBI has issued the certificate of registration to operate as “stock broker/clearing member” to Mobikwik Securities Broking Pvt Ltd.
Fintech News
Stock broker Groww files IPO papers via confidential route
Groww has filed the pre-filed DRHP with Sebi and the stock exchanges in relation to the proposed initial public offering.
Fintech News
Groww agrees to acquire Fisdom in $150 million all-cash deal
The acquisition, which is pending regulatory approval from Sebi, is expected to finalise within two to three months.
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