BUSINESS
Broking will remain 'strong core' but lending, other businesses growing as well, says Angel One CEO
The company is widening access to wealth management through Ionic Wealth, which lowers the entry level to under Rs 1 crore, CEO Ambarish Kenghe tells Moneycontrol
BUSINESS
Children are influencing parents to invest, says Groww's Harsh Jain as equity becomes mainstream
The popular SIP inflows have demonstrated a significant 25 percent CAGR over the past decade, primarily driven by young and new-to-equity market investors from smaller towns and cities
BUSINESS
UPI crosses 700 million daily transactions for six straights days in December
The mobile payments platform also recorded transactions worth over Rs 1 lakh crore for the first five consecutive days during the month
BUSINESS
Groww leads in volumes, usage; Zerodha leads in value, asset size
Groww's lead in new SIP registrations is unparalleled, but Zerodha maintains its market advantage with double the overall Assets Under Management (AUM)
BUSINESS
Groww dominates new SIP registrations with 47% market share in October
The wealth-tech firm added over 2 million fresh SIPs during the month followed by Angel One and PhonePe
BUSINESS
2026 will be breakout year for Navi, its credit-on-UPI push, says CEO Rajiv Naresh
Navi is chasing profitability as it is looking to launch an IPO in the next fiscal and the fintech has been moving in that direction over the past six months, Naresh tells Moneycontrol
BUSINESS
Digital gold companies approach Finmin for recognition, promise standardised practices
While buying digital gold is legal, there is still no clarity on whether it is regulated or formally recognised by any government authority. The SEBI advisory has caused concern among industry participants
BUSINESS
Tijori raises $5 million from Zerodha, to expand into enterprise segment
The company aims to have 70% of future products as enterprise-grade offerings because of the high cost of advanced AI queries
BUSINESS
Groww says ‘low-quality’ F&O traders are exiting. Why it thinks that’s good for business
Groww says casual F&O traders are exiting as SEBI’s derivatives rules tighten. Profits rise, core users trade more actively despite revenue pressure.
BUSINESS
Why did Groww's Q2 net profit rise when income from operations declined?
Groww’s red herring prospectus disclosed that the company had paid a total of Rs 614 crore one-time incentives to founders during the last fiscal
BUSINESS
Paytm recovers its lost UPI base after 2 years, transaction volume hits new record in October
Even though Paytm's latest quarterly revenue is below its FY 24 December quarter, the reduction in expenditure and rising merchant subscriptions have helped the company post a net profit for two consecutive quarters
BUSINESS
Digital gold players to form self-regulatory organisation by Nov-end after SEBI caution
The investment in digital gold by Indians is estimated to be around Rs 55,000 crore, backed by physical gold kept in vaults managed by companies like MMTC, SafeGold and Brink’s
BUSINESS
Dhanteras brings sparkle to digital gold sales, surge by 62% in October
The sale of digital gold through online platforms has been steadily rising all year, going up from Rs 762 crore in January this year to Rs 2,290 crore in October
BUSINESS
MC Interview: Semiconductors are my latest crush, says Groww investor Ashish Agrawal
In this conversation, Agrawal explains why Peak XV resisted selling in multiple up-rounds, how early product calls set Groww apart, why public-market readiness begins years before listing and and what the firm is betting on as it looks for the next Groww.
BUSINESS
FASTag annual pass contributes to 12% of National Highway trips within 3 months of launch
Launched on August 15, the annual pass worth Rs 3,000 gives customers toll-free access up to 200 trips through National Highways in a year, translating into Rs 15 per toll passing, considerably cheaper than the regular fares.
BUSINESS
Groww’s measured pricing delivers a listing-day boost, up 31% from IPO price
Groww seemed like a company that was valued almost at par with peers, and the premium was attributed to operational metrics, rather than technology
BUSINESS
Putting most digital payments through single rail could pose systemic risks, Mastercard’s Gautam Aggarwal
RBI is probably the most advanced regulator, primarily because we have found that right balance of data sovereignty, nationalist pride, still allowing international players to co-exist, he adds
BUSINESS
Fintech firm Slice Small Finance Bank enters merchant payments and lending to take on Paytm, PhonePe
The fintech holds a slight advantage over its competitors as it is a bank that can take deposits from the public, and hence the cost of funds is lower for the company and boosting the margins
BUSINESS
Fintech firm Slice Small Finance Bank turns profitable, reports Rs 7 cr net in H1 FY26
One of the key reasons behind the improving financials was the falling cost of funds, as Slice could now receive deposits from the public, which is cheaper than loans from other financial institutions
TECHNOLOGY
RuPay hits 18% credit card market share in October, thanks to UPI
The high growth has been aided by a flurry of UPI payments-focused fintech apps launching Rupay credit cards for offline merchant transactions
BUSINESS
Kotak Securities waives API fees, launches AI Tool 'Neome'
Zero-cost APIs for algo trading and the upcoming AI research tool 'Neome' is expected to help the bank-backed brokerage firm to stabilise in a broking industry that has seen a decline in active investors during past year
BUSINESS
People mistake us for a PoS-only company, they're missing the full picture, says Pine Labs CEO Amrish Rau
Pine Labs has four equally important verticals, with prepaid business contributing to around 30 percent of the topline, Rau tells Moneycontrol
BUSINESS
Fintechs worried as new customer consent flow for accessing mutual fund portfolio to increase cost, friction
Cumbersome new process involves OTP and QR code upload, replacing the earlier one-time consent.
BUSINESS
UPI payments fail again for OpenAI as Stripe glitch disrupts free ChatGPT Go promotion in India
India has emerged as one of OpenAI’s fastest-growing markets and is now the second-largest market for ChatGPT, which has over 800 million users globally
