Tag: groww

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Posted in Startups

Mutual funds adopt India Inc’s next gen companies with open arms

Domestic mutual funds held shares worth Rs 1.77 lakh crore in about two dozen new-age companies at the end of 2025, nearly double compared with…

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Posted in Startups

Domestic MFs double their holdings in new-age startups over a year

Domestic mutual funds held shares worth Rs 1.77 lakh crore in about two dozen new-age companies at the end of 2025, nearly double compared with…

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Asset management firm State Street invests $65 million in Groww AMC
Posted in Startups

Asset management firm State Street invests $65 million in Groww AMC

Global asset manager State Street Investment Management has invested $65 million (about Rs 580 crore) in Groww Asset Management Company (AMC). State Street may end…

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Posted in Startups

ETtech State of Startups Survey: Startups expect to pivot to an AI avatar this year

A majority of Indian founders, chief executives and venture capital investors expect hiring to be significantly impacted in 2026 as artificial intelligence (AI) adoption accelerates…

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The Groww app on a smartphone. Groww's share price surged as much as 12.87% to  ₹162.65 apiece on the vote of confidence from Jefferies. (Bloomberg)
Posted in Business

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”…

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P2P lending platform LenDenClub's parent plans IPO, CEO says
Posted in Startups

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…

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Snapdeal parent AceVector files updated DRHP for D-Street debut
Posted in Startups

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)…

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Snapdeal parent AceVector files updated prospectus; to raise up to Rs 300 crore via IPO
Posted in Startups

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…

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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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