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1 min read

Fintech firm Groww's revenue surges 266% in FY23, turns profitable

Bengaluru-based fintech startup Groww has turned profitable as it registered Rs 1,277 crore in reve…

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4 mins read

Loss-making Groww is now the most-valued investment platform even though some of its peers make profits

While there is nothing wrong with chasing valuations, but without being profitable, it’s tough to r…

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4 mins read

Demat account additions slow as markets languish; Upstox, ICICI Securities, 5Paisa Capital lose market share

Additions of new demat accounts have slowed in FY23 as compared to FY22 due to volatility in the eq…

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6 mins read

The curious case of companies which command high valuations with low revenues

The Burgundy Private Hurun India 2022 list includes 61 companies with sales of less than 1,000 cror…

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2 mins read

Snapchat is gaining traction in India as it hits 265 million daily active users

Despite the cut-throat competition coming from the Facebook family of apps, Snapchat has added 16 m…

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5 mins read

Move over regular gifts! Gift your sister stocks, MF units this Rakhi

Once you initiate the transfer, your broker will send an email and SMS to the recipient, who will h…

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5 mins read

Blow to discount brokers like Zerodha as SEBI bats for uniform charges by MIIs; how will you be impacted?

Generally, stock exchanges like BSE and NSE charge a specific transaction fees from brokers like FY…

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2 mins read

Markets rally for 6th day running on firm Asian peers; Tech Mahindra jumps over 12%

From the Sensex basket, Tech Mahindra jumped over 12.50 per cent after the IT services company'…

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4 mins read

Paytm stock searches for a new bottom despite assurances by the management

The restrictions placed on PayTM Payments Banks (PPBL) by the regulator has triggered a sharp sello…

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4 mins read

Sensex, Nifty50 flat in morning trade: HDFC twins, Maruti Suzuki amongst top losers

India’s benchmark indices Sensex and Nifty50 were flat in morning trade on Tuesday amidst positive …

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2 mins read

Former Flipkart SVP's online shopping platform Flash raises $5.8 million in seed round

The seed round was led by global funds like Global Founders Capital (GFC), White Venture Capital, P…

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6 mins read

The worst for Indian startups is yet to come — be prepared for layoffs, unicorn slowdown and startup shutdowns in 2022

Things are not as bright for the Indian startup ecosystem as they were last year. The segment which…

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2 mins read

CDSL stock has skyrocketed 296% since March 2020 on surge in retail demat accounts

Shares of Central Depository Services (CDSL) have seen a four fold increase (296%) since March 2020…

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1 min read

Microsoft's GitHub slashes Marketplace transaction fee from 25% to 5%

Microsoft-owned open source developer platform GitHub has reduced its Marketplace transaction fee f…

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PayPal to focus on Indian businesses wanting to go global as it winds down operations from April 1

Global digital payment platform PayPal on Friday decided to wind down its domestic payment services…

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2 mins read

Revolut’s India plan starts with a $25 million investment and possibly, a fintech acquisition

The $5.5 billion fintech company Revolut, which is also one of Europe’s largest startups, is eyeing…

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3 mins read

Reliance Jio lost subscribers for the first time in 10 quarters but there's good news for Mukesh Ambani in this too

Essentially, subscribers who use Jio as a second SIM either to retain their number or to conti…

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2 mins read

Indian CEOs have a new challenge — employees working from anywhere in the remote era

With Covid-19 disrupting the world of work, "anywhere" workforce has now emerged as a top challenge…

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6 mins read

Mutual fund industry to see many mergers in next couple of years, says Aditya Birla Sun Life AMC’s CEO

The ₹36 trillion mutual fund industry, in India, with 44 players may see consolidation happening in…