Subscribe

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. Former Peak XV execs floated Ambition Capital targets $250 million for debut fund

  2. Ecofy secures $42 million funding co-led by BII, Finnfund

  3. Razorpay rolls out B2B agent marketplace

  4. CBI searches 15 locations to investigate cyber fraud network

  5. NSE appoints 20 bankers for proposed IPO
  6. Read more news...

AI/Emerging Tech

  1. Bamboobox raises $6.6 million led by Peak XV Partners

  2. Grapevine secures $4.1 million funding from Kae Capital, Peak XV

  3. Atlys raises Series C funding led by Susquehanna Asia VC

  4. Agnit Semiconductors raises seed funding led by Shastra VC

  5. Accel and Google select five startups as part of 2026 AI cohort
  6. Read more news...

IPO Tales

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

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

  3. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  4. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO
  5. Read more news...

Money & Machines

  1. A CEO arrested, hearing delayed; Sarvam's AI pitch

  2. Airtel's lending leap; Responsible AI only on paper?

  3. AI everywhere. Fintech...somewhere; India's AI groundwork

  4. The Wegofin episode; India's AI optics vs spending reality
  5. Previous editions...

PE/VC Tales

  1. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  2. TDV Partners bullish on consumer over AI, plans bigger fund

  3. Peak XV top partners exit, a key retention marks a week of upheaval

  4. Silverneedle eyes 10x larger second fund, plans first semiconductor bet
  5. Read more news...

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