In Q1 FY26 Groww's revenue came in at Rs 904.3 crore. Active client growth of 35.5% in FY25 outpaced most listed peers. .
Bengaluru-based broking firm Groww is likely to finalise the IPO price band by the middle of October and is aiming at a November listing.
The real-money gaming firm has filed a police complaint against former CFO Ramesh Prabhu for allegedly siphoning funds over nearly five years
Unlike India, mobile banking apps have become the go-to apps for financial services across the globe. In India, payment apps are bigger than neobanking apps as the lack of regulatory approval hinders the latter’s growth
Serial investor Shah, was upbeat about the prospects of the new products, especially the Sovereign gold card. “Take a good look because you will probably not see it. Most people will not get it.”
The question is no longer whether Indians will shop online, but how deeply digital commerce will reshape the nation’s economy, jobs, and competitiveness. The evidence is clear: e-commerce has moved from convenience to core, from optional to inevitable – the very backbone of India’s growth story this decade
Toing, which will go live in Pune first, aims to tap demand from students, young professionals and will be an extension to Swiggy’s Rs 99 store. It will be the seventh app from the house of Swiggy. The aim is to increase its base of transacting users and maintain the company’s pace of growth.
Backed by Rs 3,000 crore in 'eligible sales', Ola Electric is expected a liquidity boost through PLI payout
A bulk of the startups negotiating deals are developing AI agents or are creating tools to facilitate their development. Investors are also spending time on AI companion companies, sources told Moneycontrol.
Initially, Groww, which is looking at a November market debut, was targeting a valuation of $7-8 billion but a strong FY25 and a healthy Q1FY26 could result in a higher valuation, sources have told Moneycontrol
The decline in losses was aided by a sharp rise in revenues and operating leverage across its marketplace and advertising businesses
The surge in profitability came on the back of higher revenues and tighter cost controls, particularly in employee expenses.
The event will run from October 8 to 11 at the Yashobhoomi Convention Centre in New Delhi. The startup contest is part of IMC’s Aspire programme, which focuses on early-stage innovation.
Instarmart CEO Amitesh Jha told Moneycontrol that Swiggy will run a Quick India Movement sale event later this month. It is likely to rival Amazon's Great Indian Festival and Flipkart's Big Billion Days signalling that the lines between e-commerce and quick commerce are blurring.
The structure includes a $130 million facility and a $20 million scale-up option. MARS Growth Capital — a joint venture between Liquidity Group and MUFG Bank — will provide up to $100 million, with HSBC covering the remaining $50 million.
Industry watchers expect a phase of consolidation, where stronger players with healthier balance sheets and access to capital markets will pull ahead, while smaller or weaker NBFCs, especially those focused on unsecured lending, may be forced to rethink their strategy or seek partnerships.
According to the company's open data, ONDC clocked 17.94 million transactions in August 2025, up 2.7 percent from July. Mobility and logistics drove the increase with 11.81 million rides and 2.35 million logistics orders. Retail orders were at 3.76 million transactions, down sharply from 6.1 million in August 2024.
The fintech player is contemplating a post-Diwali window to launch the IPO, targetting late October or early November for the offer, sources said, contingent to regulator Sebi’s approval and prevailing market conditions.
From food delivery and e-commerce to fashion and ticketing, fees tucked into bills are quietly reshaping how platforms balance costs, fend off competition, and chase profitability.
The Curefoods IPO is expected to hit the markets before the end of the calendar year, sources said, and the foodtech player's expansion will be supported by a blend of organic growth, acquisitions and investment in infrastructure.
General Catalyst, Aravind Srinivas of Perplexity, Vijay Shekhar Sharma of Paytm, Harsh Jain of Dream 11 are among the notable limited partners (LPs) of the fund, sources told Moneycontrol. Activate has already signed its first term sheet.
Conglomerates struggle in Indian e-commerce due to slower decision-making and lack of cultural relevance. Success lies in leveraging existing strengths—supply chains, partnerships, and trust—rather than mimicking startups
The first three agents, Authoring, Insights, and Guidance, are now available across Whatfix’s suite.
To be sure, IPO-bound PhonePe still dominates the UPI payments landscape, with a little over 45 percent market share, so these figures do not shift the competitive landscape materially
This comes three months after, Chief technology officer (CTO) Vivek Gupta and legal head Tushar Tarun had quit even as the exchange looks to expand globally.
