Stock Broking

Groww plans entry into wealth management space under brand

Groww plans entry into wealth management space under brand 'W'

12 Mar 2025, 19:54 PM

The new unit will cater to high-net-worth individuals by offering portfolio management services and alternative investment funds to its 15 million users.

Jainam Broking invests $3 million in investing platform Deciml

Jainam Broking invests $3 million in investing platform Deciml

04 Mar 2025, 16:32 PM

Deciml, which uses its round-up feature to automatically invest spare change from users’ daily transactions into mutual funds, is Jainam Broking's first startup investment.

Upstox reports 8x jump in net profits in FY24

Upstox reports 8x jump in net profits in FY24

03 Feb 2025, 15:28 PM

Upstox's revenue from operation grew to Rs 1311 crore in FY24, compared to Rs 1050 crore in FY23.

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.

Stock broker Groww picks bankers for IPO at $8 billion valuation: report

Stock broker Groww picks bankers for IPO at $8 billion valuation: report

22 Jan 2025, 17:47 PM

The company is expected to proceed with an IPO this year, and may seek to raise $750 million or more at a valuation of $7-$8 billion.

IndMoney

IndMoney's revenue from operations surges to Rs 70 crore in FY24

18 Nov 2024, 16:18 PM

The Gurugram-based wealth-based fintech witnessed its losses grow to Rs 82.55 crore in FY24 from Rs 73.87 crore in FY23.

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