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.

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  5. OfBusiness co-founder Nitin Jain steps down after a decade
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AI/Emerging Tech

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Money & Machines

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