Tag: groww
Dhan swings to profit in FY24 with gross revenue of Rs 380 crore, up 600% year-on-year
Stock broking startup Raise Financial Services, which runs the trading application Dhan, has reported gross revenues of Rs 380 crore for 2023-24, up 600% from…
mutual fund: Small towns, retail investors central to fintech’s AMC plans
New generation asset management companies (AMCs) looking to carve out a niche among well entrenched traditional mutual funds are betting on two factors: retail and…
groww: Tech glitches disrupted trading, working on improving systems: Groww CEO
Groww CEO Lalit Keshre on Thursday said the company had resolved the technical issue that led to the crash of its stock broking platform during…
groww: Groww extends lead over Zerodha, adds a million active traders in December quarter
Wealth management startup Groww has extended its lead in terms of active clients, according to the latest data from the NSE. Peak XV Partners and…
mutual fund SIPs: Fintechs cornering SIP business as direct mutual funds gain ground
Fintech platforms are leading a rapid expansion in mutual fund investor base, allowing small-value systematic investment plans (SIPs) starting as low as Rs 500 a…
Zerodha technial glitch: Zerodha demat account holders hit with another technical glitch
NEW DELHI: Domestic stock broking firm Zerodha, which lost its No.1 status to rival Groww last month, on Monday reported another technical glitch. On its…
angel one: Angel One to focus on inorganic growth; makes first acquisition through Dstreet Finance
Mumbai-based stock broking firm Angel One has acquired fintech startup Dstreet Finance for an undisclosed amount, as the company seeks to focus on inorganic growth…
zerodha: New-age brokers ride on futures option to the bank
As fintechs scramble to shore up revenues and find a path to profitability, stock broking startups stand out with strong positive bottom lines. They are…
groww: Groww goes past Zerodha, becomes India’s biggest stockbroker with 6.6 million active users
Wealth management platform Groww has managed to become the leader among stockbrokers in terms of active clients, pushing Zerodha to the second spot. With 6.62…
zerodha: Groww likely to pip Zerodha in active investor count this month
From left: Neeraj Singh, Lalit Keshre, Ishan Bansal and Harsh Jain, cofounders, Groww Synopsis Groww added almost a quarter million new active users in August,…