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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, 14:37 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, 15:16 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, 15:27 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. Haryana govt approves CBI probe into 5 IAS officers in IDFC First Bank case

  2. Paytm introduces UPI-based Pocket Money feature for teens

  3. RBI cancels registrations of 150 NBFCs across India

  4. Mettle Capital, floated by former Peak XV execs, targets $350-400 million for debut fund

  5. ED raids payment aggregator Pay10 premises in PMLA probe
  6. Read more news...

AI/Emerging Tech

  1. India's AI venture firm Activate makes strategic bet on ElevenLabs

  2. Zoho invests Rs 70 crore in ONDC

  3. Fractal Q4 FY26 revenue from operations up 17% to Rs 886 crore

  4. Flo Mobility bags pre-Series A funding co-led by Mela Ventures, Arali

  5. Fi cofounder Sumit Gwalani launches stealth AI venture for enterprises
  6. Read more news...

IPO Tales

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

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

  3. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor
  5. Read more news...

Money & Machines

  1. Razorpay's IPO + Visa's appointment + AI-IT tieups

  2. The Slice transition; Spyne's R&D obsession

  3. The fintech crackdown continues; The ROI paradox in AI

  4. 'Guilty, until proven innocent'; The ARR illusion
  5. Previous editions...

PE/VC Tales

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

  2. Micro VCs: Fueling India's startup pipeline or distorting it?

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  4. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund
  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]