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Fintech unicorn Groww picks up majority stake in in-house lending arm

Finance

07 March, 2024

Fintech unicorn Groww picks up majority stake in in-house lending arm

Tiger Global-backed online investing platform Groww, which became the largest stock broker in terms of active users last year after ......

BlackSoil deal count doubles in Q1 but average ticket size falls

Finance

24 August, 2023

BlackSoil deal count doubles in Q1 but average ticket size falls

Venture debt and alternative credit platform, BlackSoil Capital on Thursday said that it has invested $30 million (nearly Rs 250 ......

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How Upstox plans to stay buoyant in a receding bull run, slowing customer growth

TMT

03 August, 2023

How Upstox plans to stay buoyant in a receding bull run, slowing customer growth

Online stock broking unicorn Upstox, which is backed by institutional investors like Kalaari Capital, Tiger Global and IntraEdge, is looking ......

Upstox backer BlackSoil snags $25 mn in fresh round

Finance

04 April, 2023

Upstox backer BlackSoil snags $25 mn in fresh round

Alternative credit platform BlackSoil Capital has raised $25 million (around Rs 205 crore) via bank debt, non-convertible debentures, AIF commitments ......

Kalaari Capital backs AI-based platform Convin.ai in seed funding

TMT

28 April, 2022

Kalaari Capital backs AI-based platform Convin.ai in seed funding

Artificial intelligence-driven platform Convin.ai.ai said it has raised Rs 16 crore (around $2.1 million) in its seed funding round led ......

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Unicorn Watch: Upstox sees revenue, customer base growing 3X in FY23

TMT

04 April, 2022

Unicorn Watch: Upstox sees revenue, customer base growing 3X in FY23

RKSV Securities India Pvt Ltd, India’s second-largest stock broker that runs the online discount breaking platform Upstox, which currently has close ......

Upstox FY21 net loss doubles as employee charges, other expenses weigh

TMT

16 February, 2022

Upstox FY21 net loss doubles as employee charges, other expenses weigh

Online stock-broking company Upstox’s net loss widened twofold for 2020-21 (FY21) as the company’s employee benefit costs and other expenses ......

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Soonicorns: The 22 startups waiting in the wings to become unicorns in 2022

TMT

10 January, 2022

Soonicorns: The 22 startups waiting in the wings to become unicorns in 2022

If last year saw India spawn 44 unicorns, or those startups with over $1 billion valuation, this year will see ......

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Deals Digest: PE/VC funding value jumps over three-fold, adds 3 unicorns

Finance

26 November, 2021

Deals Digest: PE/VC funding value jumps over three-fold, adds 3 unicorns

The total value of new private equity (PE) and venture capital (VC) deals rebounded strongly after falling consecutively for the ......

Upstox raises $25 mn from Tiger Global affiliate at $3.39 bn valuation

TMT

25 November, 2021

Upstox raises $25 mn from Tiger Global affiliate at $3.39 bn valuation

Online stock broking company Upstox, managed and operated by RKSV Securities India Pvt Ltd, has raised $25 million as a ......