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Stockbroking

Dhan turns unicorn after $120 million fundraise led by Hornbill Capital

Dhan turns unicorn after $120 million fundraise led by Hornbill Capital

06 Oct 2025, 13:57 PM

The funding round also saw participation from MUFG Bank, Beenext (an existing investor), along with several family offices and public-market investors.

Zerodha reports 40% fall in brokerage income amid regulatory headwinds

Zerodha reports 40% fall in brokerage income amid regulatory headwinds

01 Oct 2025, 12:02 PM

India's leading discount broker faces earnings pressure as new rules and slower trading activity impact revenue.

Groww, and the New Rules of Going Public; OpenAI may spark AI Goldrush for PEs?

Groww, and the New Rules of Going Public; OpenAI may spark AI Goldrush for PEs?

30 Sep 2025, 13:50 PM

August 29th Edition: We track Groww’s hush-hush IPO filing and why unicorns are choosing silence over spotlight; and how OpenAI’s India office could ignite a PE gold rush in AI.

Stock broker Groww gets Sebi nod for $1 billion IPO

Stock broker Groww gets Sebi nod for $1 billion IPO

28 Aug 2025, 23:13 PM

The markets regulator has given approval to Groww's IPO papers, which the platform had filed confidentially in May.

IPO-bound Groww records Rs 1,820 crore net profit; raises fresh capital

IPO-bound Groww records Rs 1,820 crore net profit; raises fresh capital

13 Jun 2025, 13:16 PM

The stock-broking firm saw its net profit reaching Rs 1,819 crore in FY25, compared to a net loss of Rs 798.76 crore in FY24.

Upstox reports 8x jump in net profits in FY24

Upstox reports 8x jump in net profits in FY24

03 Feb 2025, 15:28 PM

Upstox's revenue from operation grew to Rs 1311 crore in FY24, compared to Rs 1050 crore in FY23.

Who Reads Us

Fintech Highlights

  1. Pine Labs raises Rs 1,754 crore from anchor investors

  2. Junio gets RBI approval to operate as PPI provider

  3. CoinSwitch FY25 revenue up 219% to Rs 129 crore, loss widens

  4. Moneyview FY25 revenue jumps 74% to Rs 2,339 crore

  5. Paytm July-Sept revenue up 24% to Rs 2,061 crore, net profit falls

  6. Read more news...

AI/Emerging Tech

  1. MoEngage raises $100 million funding, VenturEast pockets 10x returns

  2. Amazon says Perplexity's AI agent not authorized to access its store

  3. Wyzard.ai bags angel funding from OLX exec, Angel One group CEO, others

  4. Japanese trade body raises copyright concerns with OpenAI

  5. Lambda strikes multibillion-dollar deal with Microsoft

  6. Read more news...

IPO Tales

  1. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  2. The Bull Run Broker: Inside Groww's $7 billion IPO

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

  4. In Charts: MobiKwik plans Rs 572 crore IPO. Why its financial services play deserves attention

  5. Read more news...

Money & Machines

  1. India's subtle dance with stablecoins; Reinventing 'swadesi' in AI age

  2. The Economics of Gandhi

  3. Money & Machines: Regulators, Reel Stars, Real Money. And 'All Inclusive' — Inside GFF 2025

  4. What happened after the gaming ban story; VCs' hunt for 'Lovable' in India

  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

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