Tag: groww

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Posted in Startups

Nexus closes new $700-million fund to back India, US startups focused on AI, enterprise, consumer sectors

Nexus Venture Partners, a backer of companies like Zepto, Rapido, and software startup Postman, has closed its eighth fund, a $700-million vehicle aimed at early-stage…

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Meesho IPO unlocks major gains for Elevation, Peak XV, others; founders’ stake valued at Rs 8,750 crore
Posted in Startups

Meesho IPO unlocks major gains for Elevation, Peak XV, others; founders’ stake valued at Rs 8,750 crore

Early investors in Meesho including Elevation Capital and Peak XV Partners are sitting on significant paper gains after the value-focused ecommerce company set a price…

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Indian mobile trading apps among the world’s most downloaded: Sensor Tower
Posted in Startups

Indian mobile trading apps among the world’s most downloaded: Sensor Tower

With mobile trading gaining momentum, apps such as Groww, Angel One, Jar, and Upstox are among the world’s most downloaded investment platforms thus far in…

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Groww’s Q2 revenues drop 9.5% to Rs 1,018 crore, but net profit up 12%
Posted in Startups

Groww’s Q2 revenues drop 9.5% to Rs 1,018 crore, but net profit up 12%

Wealthtech major Groww’s operating revenue for the September quarter declined 9.5% year-on-year (YoY) to Rs 1,018 crore, but its net profit went up 12% to…

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Groww's share price has been on a rollercoaster of late. (Bloomberg)
Posted in Business

Groww shows 25% jump in net profit to ₹471 crore in first results since listing| Business News

Groww operator Billionbrains Garage Ventures Ltd. has reported a near-25% jump in net profit in its first quarterly results since listing, even as profitability surged….

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Groww Q2 Results: Cons profit jumps 12% YoY to Rs 471 crore, but revenue drops 9.5%
Posted in Startups

Groww Q2 Results: Cons profit jumps 12% YoY to Rs 471 crore, but revenue drops 9.5%

The newly-listed Billionbrains Garage Venture, the parent of online brokerage Groww, on Friday said its consolidated profit attributable for the quarter ended September 2025 rose…

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Groww crossed the  ₹1 lakh crore market capitalisation mark in record time, an achievement that made headlines. (Bloomberg)
Posted in Business

Groww’s share price tanks nearly 10% again in signs of continued profit-booking| Business News

Shares of Billionbrains Garage Ventures Ltd., the operator of India’s largest online broker Groww, fell nearly 10% for a second straight trading session indicating that…

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Groww crossed the  ₹1 lakh crore market capitalisation mark in record time, an achievement that made headlines. (Bloomberg)
Posted in Business

From 90% rally in share price to lower circuit in a week| Business News

The listing of Billionbrains Garage Ventures Ltd., the operator of India’s largest online brokerage Groww, has turned out to be a lesson in market euphoria…

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PhysicsWallah founders’ holdings at over Rs 16,000 crore; WestBridge’s stake valued at Rs 2,600 crore
Posted in Startups

PhysicsWallah founders’ holdings at over Rs 16,000 crore; WestBridge’s stake valued at Rs 2,600 crore

PhysicsWallah, the first edtech to list following Byju’s’ collapse, has created significant paper wealth for its promoters and backers as it debuted at a 33%…

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Posted in Startups

Groww cofounder Lalit Keshre enters billionaires’ club as stock crosses Rs 1 lakh crore market cap

Billionbrains Garage Ventures, the parent of wealthtech platform Groww, saw its market cap cross Rs 1 lakh crore during the fourth session of trading since…

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