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Mutual Funds

AMFI suspends Stable Money’s mutual fund distribution arm for six months

AMFI suspends Stable Money’s mutual fund distribution arm for six months

05 Jun 2026, 19:07 PM

Some users have already been affected, with investors reportedly receiving SIP transaction failure messages.

Kissht raises Rs 278 crore from anchor investors

Kissht raises Rs 278 crore from anchor investors

30 Apr 2026, 13:57 PM

Of the total anchor allocation, 57% was allotted to seven domestic mutual funds across 13 schemes, accounting for Rs 158.32 crore.

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. Turtlemint raises Rs 397 crore from anchor investors

  2. Dhan parent Raise Securities' FY26 net profit falls 20% to Rs 326 crore

  3. ARIFAC launched to boost India’s fight against money laundering and terror financing

  4. NSE files IPO papers for OFS-only public issue

  5. Karnataka HC declares ED arrest of Gameskraft founders illegal, orders release
  6. Read more news...

AI/Emerging Tech

  1. OpenAI’s Q1 cash burn hits $3.7 billion as it readies for IPO

  2. HSBC expands AI push with Google Cloud deal

  3. Pramaana Labs raises $27 million led by Khosla Ventures

  4. SpaceX to acquire AI coding startup Cursor in $60 billion deal

  5. ContraVault AI raises pre-Series A funding led by Chiratae Ventures
  6. Read more news...

IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  2. Shiprocket IPO: A profitable core, costly emerging bets

  3. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor
  5. Read more news...

Money & Machines

  1. Money & Machines: MobiKwik's Third Lending Act; The Entry-Level Squeeze

  2. Money & Machines: RBI's quiet signals; Tamil Nadu's AI act

  3. Money & Machines: One on 1Pay; Gen Z goes AI-First

  4. Money & Machines: Project UPI Meta is back; A case for industrial AI
  5. Previous editions...

PE/VC Tales

  1. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  2. Micro VCs: Fueling India's startup pipeline or distorting it?

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  4. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund
  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]