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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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Fintech Highlights

  1. Xflow secures Series A funding led by General Catalyst

  2. Airtel to invest Rs 20,000 crore in NBFC subsidiary

  3. Progcap FY25 revenue jumps 93% to Rs 268 crore

  4. Peak XV Partners raises $1.3 billion first fund after Sequoia split

  5. Rajeev Ahuja steps down as executive director from RBL Bank
  6. Read more news...

AI/Emerging Tech

  1. Kris@Work raises seed funding led by Info Edge Ventures

  2. OptoML raises pre-Series A funding led by Bluehill VC, a99VC

  3. Hirebound raises seed funding led by Kalaari Capital

  4. Hycosys bags seed funding from Mounttech Growth Fund

  5. Datoms raises Series A funding led by Big Capital JSC
  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. AI everywhere. Fintech...somewhere; India's AI groundwork

  2. The Wegofin episode; India's AI optics vs spending reality

  3. Watergate's legacy meets the scarcity of money and the rise of AI

  4. Economic Survey with fintech goggles on; Activate's Pratyush Choudhury on vibe coding
  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