Mutual Funds

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.

Fintech Highlights

  1. Avanse net profit jumps 47% to Rs 502 crore in FY25

  2. PhonePe, SIDBI team up to digitize Udyam Assist registration for micro enterprises

  3. UPI in August: Debt collections, digital goods games, securities brokers see sharp value drop

  4. Insurtech startup Turtlemint files IPO papers via confidential route

  5. Amazon receives RBI nod for Axio acquisition
  6. Read more news...

AI/Emerging Tech

  1. Mistral AI attracts $2 billion in Series C led by ASML

  2. Cognition AI raises $400 million in new funding led by Founders Fund

  3. Former Scale AI executive founded AI startup Isotopes AI bags $20 million in seed funding

  4. OpenAI acqui-hires Xcode coding assistant Alex

  5. Stripe launches new blockchain company Tempo in partnership with Paradigm
  6. Read more news...

Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

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