#Unifi Asset Management

State Street Investment Management closes strategic investment in Groww AMC

Raise Financial’s Pluto Insurance names Abhishek Singh as CEO

Before joining Pluto, Abhishek Singh was associated with Upstox’s insurance business and spent more than a decade at OneInsure.

InCred Capital brings in Avendus wealth execs to lead new UHNI platform

The company also plans to continue hiring senior bankers and investment specialists as it scales the new platform.

Nexedge Capital raises $20 million led by Mirae, Elev8

Nexedge plans to use the fresh capital to strengthen its technology platform, expand its senior banker network and increase its presence across India, including in tier-II and tier-III cities.

Resilient plans to sell up to 4.98% Paytm stake via block deal

Paytm clarified that it is not involved in the proposed transaction and the founder’s direct shareholding in Paytm will remain unchanged following the block deal.

Centricity raises Series A funding led by SMBC Asia Rising Fund

The funding round also saw participation from existing investors including Lightspeed India Partners and Burman Family Office, among others.

Kissht Q1 FY27 revenue jumps 45% to Rs 677 crore, net profit up 59%

The company recorded a 61% year-on-year increase in assets under management (AUM) to Rs 8,001 crore in Q1 FY27.

Atomberg-backer Inflexor Ventures marks first close of third fund at Rs 400 crore

The fund is anchored by Self-Reliant India Fund, HDFC Asset Management Company, and HDFC AMC Select AIF FoF.

Veriqus secures Rs 387 crore funding led by Norwest Venture Partners

The company will use the fresh capital to expand its network of wealth creators, and enhance its AI-powered wealth management platform, among others.

Neo Group raises Rs 350 crore in funding round led by Peak XV Partners

The investment comes soon after Neo secured funding from TVS Capital earlier in March.

Accel-backed Scripbox elevates Mohankumar Swaminathan to Chief Product Officer

Swaminathan has been part of Scripbox since 2016, beginning his journey in a growth-focused role.

OpenAI Applications Chief Fidji Simo steps down

Simo joined OpenAI’s board in 2024 before taking charge of the newly created CEO of Applications role in 2025.

PhonePe Insurance CEO Vishal Gupta steps down to start new venture

Earlier this year, PhonePe's Share.Market and wealth business head Ujjwal Jain stepped down after four years with the company.

Kissht parent OnEMI's AUM crosses Rs 8,000 crore in Q1

Loan disbursements rose 37% year-on-year to around Rs 3,812 crore during the first quarter of FY27.

CheQ elevates Bipin Toro, Vished Banger as co-founders

Toro has been appointed Co-founder and Chief Technology Officer (CTO) while Banger has been named Co-founder and Chief Business Officer.

ED searches crypto firms over alleged Rs 2,500 crore FEMA violations

The ED alleged that these platforms advertised instant cross-border money transfer services using cryptocurrencies despite not being authorised payment system operators.

Pine Labs-owned Setu cofounder Nikhil Kumar exits operational role

Kumar launched Setu in 2018 alongside Sahil Kini after previously cofounding customer feedback startup Voyce.

Acko strengthens leadership team with four appointments amid IPO plans

The company has appointed Apoorv Kalra, formerly with Junglee Games, to lead its automobile insurance business, while ex-Meta executive Kunal Kapur will head the health insurance vertical.

Asana buys StackAI

As part of the acquisition, StackAI founders Tony Rosinol and Bernard Aceituno will join Asana.

PhonePe’s Share.Market CEO Ujjwal Jain steps down

In a LinkedIn post, Jain described his exit as the close of a long phase and the beginning of something new.