Moneycontrol PRO
you are here: HomeNewsGroww

Groww

Jump to
  • Swiggy’s outgoing CTO Dale Vaz secures $7-10 million in funding for new wealth-tech startup May 26, 2023 04:25 PM IST

    Swiggy’s outgoing CTO Dale Vaz secures $7-10 million in funding for new wealth-tech startup

    This move into the wealth tech sector comes at a time when the retail investor base has been growing rapidly.

  • Wealthtech startup Fisdom to foray into asset management space May 18, 2023 02:23 PM IST

    Wealthtech startup Fisdom to foray into asset management space

    The startup is looking to launch a PMS license initially for its High Net Worth Individual (HNI) customers, which will be accessible through its Fisdom Private Wealth platform.

  • Fintech unicorns slip deeper into losses in FY22 as ad spending soars February 17, 2023 07:12 AM IST

    Fintech unicorns slip deeper into losses in FY22 as ad spending soars

    The losses of five fintech unicornrs widened 1.2-5.5 times in FY 22 over FY 21, with PhonePe reporting the biggest loss of Rs 2,013 crore

  • We will have seven new products by the end of next year, including FDs, ETFs, and mutual funds: CoinSwitch's Ashish Singhal December 20, 2022 10:59 AM IST

    We will have seven new products by the end of next year, including FDs, ETFs, and mutual funds: CoinSwitch's Ashish Singhal

    "At heart, we will always be a crypto company. But the problem that we are trying to solve is investment itself," says CoinSwitch CEO Ashish Singhal

  • LinkedIn's top startups 2022 list: Kunal Shah, Prafull Billore and others react on being included September 28, 2022 03:59 PM IST

    LinkedIn's top startups 2022 list: Kunal Shah, Prafull Billore and others react on being included

    For the criteria deployed to compile this year's list, LinkedIn looked at platform data from July 2021 to June 2022 across four pillars. Read more to find out

  • CRED, upGrad & Groww top start-ups list in India for this year September 28, 2022 12:11 PM IST

    CRED, upGrad & Groww top start-ups list in India for this year

    Topping this year's list is unified payments interface CRED. Valued at USD 6.4 billion, this young start-up maintained its podium position on the LinkedIn Top Startups list, moving from the third spot in 2021 to number one in 2022.

  • Think long term, believe in India: Groww founders on Bits To Billions August 23, 2022 06:07 PM IST

    Think long term, believe in India: Groww founders on Bits To Billions

    Groww was founded in 2016 by four former Flipkart executives – Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal. The platform helps users invest in stocks, mutual funds, exchange-traded funds, IPOs, US stocks, futures and options, fixed deposits and gold. The startup counts Sequoia Capital, Tiger Global as well as Microsoft CEO Satya Nadella as its investors and is valued at $3 billion after raising $83 million in its Series E funding round in October 2021. On this episode of Bits to Billions, the founders spoke about How Groww came about, Lalit Keshre's humble origins, the size of the India opportunity, plans for neobanking and payments. #groww #bitstobillions #moneycontrol

  • Moneycontrol Selects: Top stories this evening August 22, 2022 06:22 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles to help you stay at the top of your game.

  • Financial services are a basic need like roti, kapda, makaan, says Groww founder Lalit Keshre August 22, 2022 05:06 PM IST

    Financial services are a basic need like roti, kapda, makaan, says Groww founder Lalit Keshre

    In an episode of Bits to Billions, Keshre revealed that his beginnings were humble and that he hails from Lepa, a small village in Madhya Pradesh’s Khargone district.

  • Paytm Money increases brokerage charges for new users to Rs 15 August 05, 2022 10:08 AM IST

    Paytm Money increases brokerage charges for new users to Rs 15

    The company said in a mail that prices will remain unchanged for existing users at zero for stock delivery and Rs 10 per intraday of F&O order executed.

  • Equitas Small Finance Bank plans a super app, double down on fintech ties August 01, 2022 07:38 AM IST

    Equitas Small Finance Bank plans a super app, double down on fintech ties

    The bank is looking to double its current and savings account deposits in the next six months by leveraging its digital capabilities.

  • Kunal Shah-backed Hyperface raises $9 million in seed funding led by 3one4Capital, Flipkart Ventures July 13, 2022 01:31 PM IST

    Kunal Shah-backed Hyperface raises $9 million in seed funding led by 3one4Capital, Flipkart Ventures

    The company, over a year old, currently has a workforce of about 30 and plans to double the strength in the coming six to eight months, cofounder Aishwarya Jaishankar told Moneycontrol. She added the funds will also be used for product innovation and business development.

  • Groww comes to Pune to simplify investing June 24, 2022 07:27 PM IST

    Groww comes to Pune to simplify investing

    The event will start with a 45 minutes session explaining the basics of investing by an expert.

  • Neobanking platform Fi launches mutual fund investments, peer-to-peer lending to follow May 05, 2022 03:15 PM IST

    Neobanking platform Fi launches mutual fund investments, peer-to-peer lending to follow

    The startup will look at adding more lending products, starting with unsecured personal loans in the next 12 months. Fi's co-founders added that they do not see any constraints in terms of raising more funds despite the slowdown in startup funding.

  • Upstox reaches a user base of 10 million, surpasses Zerodha May 04, 2022 11:31 AM IST

    Upstox reaches a user base of 10 million, surpasses Zerodha

    Upstox’s active user base stands at 5 million, while Zerodha’s is at 6.2 million of its total 9 million users

  • LIC IPO: How to apply online on Zerodha, Paytm, Upstox, Groww May 04, 2022 12:47 PM IST

    LIC IPO: How to apply online on Zerodha, Paytm, Upstox, Groww

    Investors can bid for a minimum lot size of 15 shares and in multiples thereof. A retail investor can apply for up to 14 lots or 210 shares for an amount of Rs 1,99,290 at the upper price band.

  • Raise Financial Services appoints former Rupeeseed exec Alok Pandey as co-founder and tech chief March 29, 2022 11:18 AM IST

    Raise Financial Services appoints former Rupeeseed exec Alok Pandey as co-founder and tech chief

    Alok Pandey has over 16 years of experience in software development and management specifically in the stockbroking and investment industry.

  • Exclusive | Groww in talks to raise $150 million at a valuation of $4-$5 billion March 21, 2022 10:04 AM IST

    Exclusive | Groww in talks to raise $150 million at a valuation of $4-$5 billion

    Groww is said to have received interest from sovereign wealth funds of Abu Dhabi and Qatar, besides the Canadian Pension Plan Investment Board (CPPIB).

  • Groww in talks with Federal Bank for neo-banking vertical March 17, 2022 12:08 PM IST

    Groww in talks with Federal Bank for neo-banking vertical

    If the integration goes through, Groww will be Federal Bank’s third bet in the neo-banking space, after Jupiter and Fi

  • Zerodha FY21 profit jumps 2.6x to Rs 1,122 cr, revenue at Rs 2,729 cr: Report February 14, 2022 09:38 PM IST

    Zerodha FY21 profit jumps 2.6x to Rs 1,122 cr, revenue at Rs 2,729 cr: Report

    The startup also saw a year-on-year rise in expenses of 2.4 times from Rs 517.7 crore in FY20 to Rs 1,260.2 crore in FY21.

  • Raise Financial Services raises $22 million in Series A; allocates $15 million for trading platform Dhan January 25, 2022 08:49 AM IST

    Raise Financial Services raises $22 million in Series A; allocates $15 million for trading platform Dhan

    Raise will use this investment to grow Dhan’s product, engineering, operations & customer experience teams, besides launching another product.

  • Groww app users complain of glitches during market hours, urge platform to fix them January 13, 2022 11:08 AM IST

    Groww app users complain of glitches during market hours, urge platform to fix them

    Some Groww users were not able to log into their accounts, while others found themselves being logged out every few minutes during trading hours.

  • Microsoft CEO Satya Nadella invests in fintech Groww, to also advise the company January 08, 2022 02:18 PM IST

    Microsoft CEO Satya Nadella invests in fintech Groww, to also advise the company

    This comes a few months after Groww raised $251 million in a Series E funding round, tripling its valuation to $3 billion amidst the unabated funding boom in Indian startups.

  • Dhan introduces direct trading through charts, ties up with TradingView December 08, 2021 01:29 PM IST

    Dhan introduces direct trading through charts, ties up with TradingView

    Users will be able to trade directly through TradingView charts in equity, options and futures for indices, equity, commodity and currency, Dhan has said

  • Scam 1992 and brands they love: Factors driving young India's interest in new-age IPOs November 01, 2021 12:51 PM IST

    Scam 1992 and brands they love: Factors driving young India's interest in new-age IPOs

    Fear of missing out on listing gains, relatability with new-age internet brands going public and a need to test the waters for better returns is driving the younger cohort to begin their stock market journey through IPOs.