Blackrock

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. PayNearby gets UPI TPAP licence from NPCI

  2. Prosperr.io raises $4 million in seed funding led by Jungle Ventures

  3. Mswipe receives final payment aggregator license from RBI

  4. PowerUp Money raises Series A funding led by Peak XV

  5. How software security standards are reshaping India's payments landscape
  6. Read more news...

AI/Emerging Tech

  1. Flipkart acquires majority stake in AI startup Minivet AI

  2. Amazon in talks to invest $10 billion in OpenAI

  3. OpenAI upgrades ChatGPT model within a month as competition from Google intensifies

  4. India proposes AI companies to pay royalties for using copyrighted work

  5. Former Amazon exec Jatin Jain joins Accel-backed Spyne to lead tech & AI
  6. Read more news...

IPO Tales

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

  2. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  3. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  4. The Bull Run Broker: Inside Groww's $7 billion IPO
  5. Read more news...

Money & Machines

  1. Visa's utility shift; an AI bet that isn't accidental

  2. A payments scare and an AI funding reality check

  3. ONDC confused me for years — now AGI is confusing everyone

  4. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave
  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar