Groww

Upstox reports 8x jump in net profits in FY24

Upstox reports 8x jump in net profits in FY24

03 Feb 2025, 10:58 AM

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

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, 13:17 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.

Scammers impersonate investment apps amid rising fraud

Scammers impersonate investment apps amid rising fraud

09 Dec 2024, 10:43 AM

Scammers are on the rise, targeting trusted names like Paytm Money, Zerodha, Groww, and Aditya Birla with fake apps designed to deceive investors.

Groww’s valuation falls below $2 billion due to domicile shift back to India

Groww’s valuation falls below $2 billion due to domicile shift back to India

21 Nov 2024, 14:14 PM

If a report is to be believed then Razorpay - which is also planning to move its domicile to India - may see a similar 30-40% cut in fair market value.

Fintech Hightlights

  1. No foreclosure charges, prepayment penalties on floating rate loans: RBI

  2. MobiKwik acquires 3.39% stake in API infra startup Blostem Fintech

  3. Paytm launches solar-powered soundbox

  4. Sachin Bansal-led Navi eyes IPO in second half of FY26

  5. InCred buys Dubai-based financial advisory firm Arrow Capital
  6. Read more highlights...

Editor's Pick

  1. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?

  2. The curious case of Jammu-Based NBFC, 'Mahashakti Financiers'

  3. Inside the BharatPe-Ashneer Grover Settlement: Unveiling the Behind-the-Scenes Drama