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Groq nears $600 million funding at around $6 billion valuation

Groq nears $600 million funding at around $6 billion valuation

30 Jul 2025, 02:37 PM

Prior to this funding round, Groq had raised $640 million in August last year led by Blackrock.

Jio, BlackRock JV sets up stock broking unit; invests Rs 117 crore in mutual fund unit

Jio, BlackRock JV sets up stock broking unit; invests Rs 117 crore in mutual fund unit

24 Jan 2025, 03:16 PM

The JV’s wholly owned subsidiary will be called 'Jio BlackRock Broking' -- which will undertake the business of broking.

Fintech highlights of the day

Fintech highlights of the day

05 Oct 2024, 03:27 PM

Jio-BlackRock gets Sebi's in-principle nod to set up mutual fund biz; Sachin Bansal-led Navi Finserv's revenue from operations fell to Rs 1,906 crore in FY24 from Rs 2,041 crore in FY23; Paytm promotes Deependra Singh Rathore to CTO.

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Fintech Highlights

  1. Zaggle to invest in cross-border payments company Unobanc

  2. Turtlemint FY26 revenue up 57% to Rs 1,098 crore

  3. Scapia launches Rs 20 crore ESOP buyback

  4. Veriqus secures Rs 387 crore funding led by Norwest Venture Partners

  5. Paytm shelves bonus share proposal, commits Rs 100 crore to Paytm Money
  6. Read more news...

AI/Emerging Tech

  1. FireAI raises fresh funding from existing investor SucSEED

  2. Thinking Machines Lab launches its first AI model Inkling

  3. SwitchOn secures pre-Series B funding led by IvyCap Ventures

  4. KuhlTherm bags seed funding led by Arkam Ventures

  5. Emergent raises Series C funding round led by Creaegis at unicorn valuation
  6. Read more news...

IPO Tales

  1. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

  2. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  3. Shiprocket IPO: A profitable core, costly emerging bets

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test
  5. Read more news...

Money & Machines

  1. Money & Machines: (UPI) Zero for Whom?; The Sovereign AI Dilemma

  2. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge

  3. Money & Machines: Pricing Razorpay; Where is Indian PE in AI?

  4. Money & Machines: When fintech forgot to party; AI hype missing cheques + Stock Chart [story]
  5. Previous editions...

PE/VC Tales

  1. Inside the fintech bets of Blume Ventures

  2. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada

  3. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  4. Micro VCs: Fueling India's startup pipeline or distorting it?
  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]