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

  2. Simpl lays off 80-100 employees after RBI crackdown

  3. India's payments revolution faces a new test: Securing a growing ecosystem

  4. Fintech platform Ignosis raises $4 million led by Peak XV's Surge

  5. Zerodha reports 40% fall in brokerage income amid regulatory headwinds
  6. Read more news...

AI/Emerging Tech

  1. GreyLabs AI secures Series A led by Elevation Capital

  2. Anthropic ropes in ex-Stripe CTO Rahul Patil as chief technical officer

  3. OpenAI valuation touches $500 billion as employees sell shares

  4. OpenAI partners with Samsung, SK to expand AI infra under Stargate project

  5. Thinking Machines Lab unveils first product Tinker
  6. Read more news...

Money & Machines

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

  2. RBI brings the wild west under regulatory fold; Hello, AI friend

  3. The same fate of two digital lending posterboys; Healthcare not AI ready?

  4. Reliance's startup moment; Amazon, Flipkart's NBFC play
  5. Previous editions...

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