Tag: groww
India’s Robinhood? Groww shares surge 13% after Jefferies initiates ‘Buy’ rating| Business News
Groww has the makings to become India’s Robinhood, Jefferies said in a note on Friday, initiating coverage of the newly listed stock with a “buy”…
P2P lending platform LenDenClub’s parent plans IPO, CEO says
Vartis Platforms, operator of the country’s largest peer-to-peer lending marketplace LenDenClub, is preparing for an initial public offering within 18 to 36 months, chief executive…
Snapdeal parent AceVector files updated DRHP for D-Street debut
AceVector, the parent entity of ecommerce company Snapdeal, filed its updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India (Sebi)…
Snapdeal parent AceVector files updated prospectus; to raise up to Rs 300 crore via IPO
AceVector, the parent company of ecommerce platform Snapdeal, has filed its updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India…
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…
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…
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…
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…
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….
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…