Ribbit Capital sells Groww shares worth Rs 2,217 crore
Ribbit Capital has sold a cumulative 11.31 crore shares of Groww in two bulk deals on the NSE, earning around Rs 2,217.3 crore. The US-based fintech investor sold 6.3 crore shares at…
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Ribbit Capital to sell Rs 1,914 crore stake in Groww
Ribbit Capital is set to sell a 1.6% stake in Groww parent Billionbrains Garage Ventures through a block deal worth about Rs 1,914 crore, Livemint and NDTV Profit report. The shares are…
Kotak Neo trading app targets active traders with flat fees
Kotak Neo, the trading platform from Kotak Securities, positions itself for active traders needing derivatives access, chart-based execution, API connectivity and banking integration in one ecosystem. It competes with Zerodha, Upstox, Dhan…
Upstox begins IPO talks, eyes $400 million public issue
Online stockbroking platform Upstox has begun preliminary discussions with investment banks for a potential initial public offering (IPO), which could raise around $400 million (about Rs 3,800 crore) through a combination of…
Y Combinator sells 1.2% Groww stake for Rs 1,435 crore
US startup accelerator Y Combinator has sold another 1.19% stake in Groww parent Billionbrains Garage Ventures for Rs 1,435 crore, according to Bombay Stock Exchange bulk-deal data. The sale of 7.47 crore…
SBI tops in deposits and customers, HDFC Bank leads per-customer average
State Bank of India has the largest deposit base at Rs 60.4 lakh crore and the highest customer count of 53 crore, according to data from investment platform Groww shared on X.…
Fisdom founders to exit Groww after one-year integration
Fisdom co-founders Subramanya S.V. and Anand Dalmia will leave Groww after completing a planned one-year transition following the wealth management firm’s acquisition. Mint reports that Groww closed the all-cash deal for about…
