Wealth Management

Wealth-tech platform Syfe raises $80 million in Series C round

Wealth-tech platform Syfe raises $80 million in Series C round

06 Jun 2025, 10:23 AM

The funding round was led by two UK family offices and supported by returning investors Unbound and Valar Ventures.

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.

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.

Jainam Broking invests $3 million in investing platform Deciml

Jainam Broking invests $3 million in investing platform Deciml

04 Mar 2025, 16:32 PM

Deciml, which uses its round-up feature to automatically invest spare change from users’ daily transactions into mutual funds, is Jainam Broking's first startup investment.

InCred buys Dubai-based financial advisory firm Arrow Capital

InCred buys Dubai-based financial advisory firm Arrow Capital

20 Feb 2025, 23:11 PM

Post acquisition, InCred Global Wealth will manage assets exceeding $2 billion across Dubai, Singapore, and London.

PowerUp Money to spin off from Uni Cards, raises $4.75 million

PowerUp Money to spin off from Uni Cards, raises $4.75 million

18 Feb 2025, 17:33 PM

This spin-off will allow PowerUp to focus entirely on wealth management, while Uni Cards continues to focus in the lending space.

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, 04:43 AM

Scripbox's overall expenses was reduced by 25% to Rs 134.24 crore in FY24 from Rs 179.4 crore in FY23.

Wealth management startup Dezerv posts 95% jump in losses in FY24

Wealth management startup Dezerv posts 95% jump in losses in FY24

21 Nov 2024, 16:41 PM

The company reported Rs 1,009 crore in revenue for FY23. However, when it filed its FY24 financials, the FY23 numbers were reflected as Rs 10.22 crore only.

Fintech Highlights

  1. MobiKwik-backed Blostem bags seed funding

  2. MobiKwik elevates Saurabh Dwivedi as Chief Technology Officer

  3. Jio Financial pumps Rs 190 crore into payments bank

  4. Net1 exits MobiKwik after 8-year investment, books a loss

  5. PB Fintech co-founders sell over Rs 900 crore worth of shares
  6. Read more highlights...

AI/Emerging Tech

  1. AI Mode, ChatGPT or Perplexity - who's best at keeping kids active indoors on hot days

  2. Over 40% of agentic AI projects to be scrapped by 2027-end: Gartner

  3. At a Glance: AI Data Labeling companies beyond Scale AI

  4. Darwix AI bags seed funding

  5. Google plans to snap ties with Scale AI after Meta's "significant" investment
  6. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case