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Stock Broking

Groww agrees to acquire Fisdom in $150 million all-cash deal

Groww agrees to acquire Fisdom in $150 million all-cash deal

19 May 2025, 16:18 PM

The acquisition, which is pending regulatory approval from Sebi, is expected to finalise within two to three months.

MobiKwik plans entry into stock broking space

MobiKwik plans entry into stock broking space

28 Mar 2025, 20:25 PM

MobiKwik's stock broking arm will deal in shares, stocks, securities, debt instruments, commodities, currencies and their derivatives.

Stock broker Groww in talks to acquire wealth-tech platform Fisdom

Stock broker Groww in talks to acquire wealth-tech platform Fisdom

13 Mar 2025, 18:00 PM

The talks between Fisdom and Groww are early as the stock broking major is also in negotiations with a few other firms for a potential investment or acquisition.

Groww plans entry into wealth management space under brand

Groww plans entry into wealth management space under brand 'W'

12 Mar 2025, 19:54 PM

The new unit will cater to high-net-worth individuals by offering portfolio management services and alternative investment funds to its 15 million users.

Stock broker Groww picks bankers for IPO at $8 billion valuation: report

Stock broker Groww picks bankers for IPO at $8 billion valuation: report

22 Jan 2025, 17:47 PM

The company is expected to proceed with an IPO this year, and may seek to raise $750 million or more at a valuation of $7-$8 billion.

IndMoney

IndMoney's revenue from operations surges to Rs 70 crore in FY24

18 Nov 2024, 16:18 PM

The Gurugram-based wealth-based fintech witnessed its losses grow to Rs 82.55 crore in FY24 from Rs 73.87 crore in FY23.

Fintech Hightlights

  1. MobiKwik FY25 revenue jumps but swings into losses

  2. Razorpay partners with MeitY Startup Hub to empower deep-tech startups

  3. Groww agrees to acquire Fisdom in $150 million all-cash deal

  4. Vivriti Asset Management secures $20 million commitment from OeEB

  5. Singapore’s GIC seeks CCI approval to pick 2.1% stake in Groww

  6. Read more highlights...

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  1. NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

  2. BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

  3. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?

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