Mutual Funds

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.

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, 15:17 PM

The JV’s wholly owned subsidiary will be called 'Jio BlackRock Broking' -- which will undertake the business of broking.

Scripbox cuts FY24 losses by 62% as employee benefits cost decline

Scripbox cuts FY24 losses by 62% as employee benefits cost decline

14 Dec 2024, 04:43 AM

Scripbox's overall expenses was reduced by 25% to Rs 134.24 crore in FY24 from Rs 179.4 crore in FY23.

Unifi Asset Management receives Sebi nod to launch mutual fund business

Unifi Asset Management receives Sebi nod to launch mutual fund business

14 Nov 2024, 22:13 PM

Unifi has about Rs 27,000 crore ($3.2 billion) in assets under management (AUM) as of 31st October 2024).

Fintech highlights of the day

Fintech highlights of the day

21 Oct 2024, 16:28 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.

Fintech Highlights

  1. Digital lender KreditBee converts into public entity ahead of IPO

  2. IPO-bound digital lender Ring (Kissht) sees FY25 profit dip, disbursements halved

  3. Madhur Deora to step down from Paytm's board but continue as President, group CEO

  4. PayPal partners with India's NPCI, others to launch global payments platform

  5. Anup Kumar Saha steps down as MD from Bajaj Finance
  6. Read more news...

AI/Emerging Tech

  1. AI supremacy: Taiwan follows US with mega global hub plan

  2. Trump government unveils artificial intelligence policy

  3. Intuit updates enterprise suite with AI agents to drive mid-market growth

  4. AI agent enablr Composio raises $25 million in Series A

  5. Perplexity AI in talks with phone makers to pre-install Comet browser
  6. Read more news...

Editor's Pick

  1. PayU India employees can’t cash out shares – and there’s no IPO in sight till mid-2026

  2. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  3. RBI vs Government: The battle over India’s digital payments ecosystem explained