Mutual Funds

PhonePe Wealth launches feature to let users invest in MFs starting at just Rs 10 a day

PhonePe Wealth launches feature to let users invest in MFs starting at just Rs 10 a day

11 Dec 2025, 17:48 PM

The new option seeks to tap into India’s rapidly expanding SIP ecosystem.

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.

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, 04:40 AM

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

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.

Who Reads Us

Fintech Highlights

  1. Skydo gets final RBI nod for cross-border payment aggregator license

  2. Razorpay gears up for IPO; eyes Rs 4,500 crore fresh issue

  3. India’s Income Tax department aligns with RBI on crypto risks

  4. BankBazaar FY25 revenue up 33% to Rs 249 crore, cuts losses

  5. Paytm approves fresh grant of 1.24 lakh ESOPs worth Rs 16.6 crore
  6. Read more news...

AI/Emerging Tech

  1. Elon Musk's xAI to invest $20 billion to build data centre in Mississippi

  2. OpenAI to acquihire executive coaching AI tool Convogo

  3. Amagi cuts IPO size, eyes $869 million valuation

  4. Anthropic raising $10 billion at $350 billion valuation

  5. Grab buys Chinese robotics startup Infermove
  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