| Date | Title | Description |
| 04.04.2025 | BlackSoil-Caspian Debt Merger Gets RBI Nod | National: BlackSoil Capital, a leading alternative credit platform, and Caspian Debt, a prominent impact investment lender, have received approval from the Reserve Bank of India (RBI) for their merger. This marks a crucial step toward final... |
| 03.04.2025 | The Rise of India’s Start-Up Ecosystem: A New Era of IPOs and Mergers | India's start-up landscape is evolving. A wave of late-stage start-ups is preparing to go public, marking a significant shift in the country’s economic narrative. The RainGauge Private Pulse report reveals that 38 high-growth start-ups are ... |
| 02.04.2025 | BlackSoil-Caspian Debt Merger Gets RBI Nod The merger is set to enhance BlackSoil's capabilities in supporting startups, MSMEs, and impact-driven businesses by expanding financial solutions for unders... | BlackSoil Capital, a key player in alternative credit, and Caspian Debt, a leading impact investment lender, have secured approval from the Reserve Bank of India (RBI) for their merger. With only the National Company Law Tribunal (NCLT) cle... |
| 02.04.2025 | Venture Debt Now a Key Funding Avenue, Significant Funds Attracted by Fintech: Report Venture debt deals with credit-based financing products that apply specifically to PE-VC backed early-stage startu... | Venture debt has risen to be a key financing tool, complementing the likes of venture capital (VC), private equity (PE), and other similar asset classes by extending non-dilutive capital, allowing startups to leverage funds for diversified ... |
| 31.03.2025 | Smallcase's $50 Million Leap: A New Era for Indian Wealthtech | In the bustling world of Indian startups, Smallcase has emerged as a beacon of innovation. Recently, this wealthtech platform secured $50 million in a Series D funding round, led by Elev8 Venture Partners. This infusion of capital marks a s... |
| 29.03.2025 | Top Startup Fundings This Week: March 21–28 Here is a list of the startups that have raised the most money this week, from March 21 to March 28. |
DCDC Health Services: USD 18 Million
Founded in 2009 by Akshat and Aseem Garg, New Delhi-based DCDC Health Services aims to provide high-quality dialysis services across India. Operating over 200 centers nationwide, DCDC is one of the larg... |
| 28.03.2025 | Smallcase Raises USD 50 Mn in Series D Led by Elev8 to Expand Investment Offerings This marks Elev8's third investment, following its earlier backing of IDfy and Astrotalk. | Wealthtech startup Smallcase has raised USD 50 million in its Series D round, led by Elev8 Venture Partners, a USD 200 million growth-stage fund backing high-potential Indian startups. The round also saw participation from State Street Glob... |
| 28.03.2025 | Elev8 leads $50-mn Series D round in investing platform smallcase | Navin Honagudi, managing partner, Elev8
Growth-stage venture capital firm Elev8 Venture Partners, currently in the process of raising its inaugural VC fund, has led a $50-million (Rs 427-crore) Series D funding round in smallcase, a wealth ... |
| 04.02.2025 | Angel One Ropes In Kotak Securities Veteran As Group Chief Compliance Officer | SUMMARY
Angel One appointed Manoj Agarwal as group chief compliance officer to lead regulatory compliance and internal policies
The appointment follows Agarwal's three-year stint at Upstox and 19 years at Kotak Securities heading compliance... |
| 31.01.2025 | Upstox’s FY24 Revenue Jumps 25% YoY To INR 1,311 Cr | SUMMARY
Upstox said its “net profit” surged 8X YoY to INR 190 Cr. However, the number excluded ESOP costs
Revenue zoomed 25% to INR 1,311 Cr in the financial year 2023-24 (FY24) from INR 1,051 Cr in the previous fiscal year
Upstox claims to... |
| 31.01.2025 | Tiger Global-backed Upstox’s FY24 adjusted profit jumps 8x, revenue grows 25% | Upstox CEO and co-founder Ravi Kumar
Wealth management platform Upstox said Friday its revenue rose almost 25% to Rs 1,311 crore in the financial year ended March 2024 and adjusted net profit increased nearly eight-fold to Rs 190 crore.
The... |
| 12.12.2024 | Groww Extends Lead Over Zerodha With 1.3 Cr Active Users In Nov | SUMMARY
While Zerodha had 81.25 Lakh active users in November, Angel One and Upstox had an active user base of 76.31 Lakh and 28.72 Lakh, respectively
Groww has retained its top position in terms of active users for over a year now and has ... |
| 11.12.2024 | Stride Ventures Launches Fourth Fund with USD 300 Mn Target Corpus Industry leaders like BlueStone, Upstox, Moneyview, Ather, Pharmeasy, Infra.Market, and Ola Electric have benefited from Stride's sup... | Venture debt pioneer Stride Ventures has unveiled its fourth fund, aiming for a corpus of USD 300 million, marking its largest domestic fund to date.
Stride claims to have already fully returned capital to investors from its first fund, whi... |
| 10.12.2024 | Stride Ventures Floats Fourth Fund With $300 Mn Target Corpus | SUMMARY
The fourth fund is aimed at fuelling startup’s growth across different sectors by providing them financial assistance
Stride Ventures also claims to have surpassed a $1 Bn commitment for its first venture debt growth fund
The fund’s... |
| 10.10.2024 | Ratan Tata: 10 Startups He Invested in that Turned Unicorn Over the years, Tata had invested in several startups, many of which went on to become unicorns. Let's take a look at some of the unicorns th... | Tata Sons' Chairman Emeritus Ratan Tata's demise is a giant loss for India Inc. – both for the large corporates and the startup ecosystem.
Tributes poured in from leaders across industries.
"India has lost a giant, a visionary who rede... |
| 05.10.2024 | Ratan Tata Receives 23000% Return From Upstox Investment Discount stock broker platform Upstox recently said that it has completed a buyback of 5 per cent of former Tata chairman Ratan Tata's holdings... | Discount stock broker platform Upstox recently said that it has completed a buyback of 5 per cent of former Tata chairman Ratan Tata's holdings in the company.
The return on Tata's initial investments has been returned 10x the amount, with ... |
| 03.10.2024 | Ratan Tata sells 5% of his stake in Upstox; reaps massive 23,000% return | ETMarkets.com
Mumbai-based stock broking startup Upstox has bought back 5% of Ratan Tata's shareholding in the company. In a statement, the company said that Tata got a 23,000% return on his initial investment.
Read More News on
Ratan TataU... |
| 01.10.2024 | Groww’s stock broking unit post Rs 2,900 Cr revenue and Rs 298 Cr profit in FY24 | Groww Invest-Tech Private Limited, the stockbroking unit of Groww, posted an impressive 2.4X growth in its operating revenue during the fiscal year ended March 2024. At the same time, the Tiger Global-backed firm’s profits surged more than ... |
| 13.09.2024 | The Rise of Dhan and the Investment Wave in India’s Startup Ecosystem | In the bustling world of Indian finance, a new player has emerged. Dhan, led by Pravin Jadhav, has stormed into the top 10 stock broking apps in India. This meteoric rise is a testament to the changing landscape of investment platforms. Lau... |
| 12.09.2024 | Pravin Jadhav-led Dhan storms into top 10 stock broking apps | Dhan, launched by former Paytm Money executive Pravin Jadhav, has entered the top 10 list of stockbroking apps in India.
Launched in January 2021, Dhan has also knocked out Paytm Money from the top 10 list. With 1.09 crore active users in A... |
| 22.08.2024 | Paytm Records 5% Increase in Share Prices After Zomato Deal Announcement Paytm saw its share prices increase by 5 per cent on August 21, just a day later it announced the decision to sell its entertai... | Paytm saw its share prices increase by 5 per cent on August 21, just a day later it announced the decision to sell its entertainment ticketing arm to Zomato.
Paytm's shares were trading at INR 604.7 each on the NSE, which is an increase of ... |
| 04.08.2024 | BlackSoil's Bold Moves: A $28 Million Investment Surge in Q1FY25 | In the fast-paced world of finance, agility is key. BlackSoil, an alternative credit platform, has demonstrated this principle with a striking performance in the first quarter of FY25. The company disbursed over ₹220 crore (approximately $2... |
| 02.08.2024 | BlackSoil disburses over ₹220 crore in Q1, sees 40% AUM growth | Alternative lending platform BlackSoil has disbursed over ₹220 crore in Q1 FY25, said a statement from the company.
The company has invested in seven new businesses, bringing its total transactions to ten and successfully exited from five... |
| 02.07.2024 | Zerodha set to stop zero brokerage model after SEBI’s new circular | In an attempt to slow down the speed of derivative trading, the Security Exchange Board of India (SEBI) is abolishing the volume-based transaction fee model on free equity delivery trades for all brokers including Groww, Zerodha, AngelOne, ... |
| 20.05.2024 | Ratan Tata-backed Upstox forays into insurance distribution | Ratan Tata and Tiger Global backed Upstox, a wealth management platform, has forayed into the insurance distribution business.
The introduction of insurance marks a significant stride towards evolving into a comprehensive wealth-building pl... |
| 20.05.2024 | Upstox Ventures Beyond Investments, Forays Into Insurance Distribution | SUMMARY
The company said that it aims to offer a simplified, transparent and customised insurance buying experience to its users.
Upstox said that it aims to leverage advanced technology and industry expertise to simplify the insurance proc... |
| 11.05.2024 | Up the Ante: Ravi Kumar, Cofounder and CEO, Upstox Upstox's primary goal is to help Indians invest right and help them leverage India's growth story through equity markets | - |
| 10.05.2024 | Financial services startup Groww moves domicile to India from the US | - |
| 07.05.2024 | Vital step for demat account security: Know how to add nominee details | - |
| 06.05.2024 | Alternative Credit Platform BlackSoil Invests USD 49 Mn in 11 New Deals in Q4 The Mumbai-based firm's portfolio includes enterprises like Ideaforge, Upstox, Bluestone, OYO, Udaan, Zetwerk, Spinny, Yat... | - |
| 30.04.2024 | Groww receives RBI approval to operate as payment aggregator | Fintech unicorn Groww has received approval from the Reserve Bank of India to operate as a payment aggregator. The firm has joined several fintechs which recently received similar approval from the central bank.
RBI has granted the licence ... |
| 30.04.2024 | Fractional ownership likely to list over Rs 4,000 cr worth of existing AUM | - |
| 29.04.2024 | Only 11% women investors have portfolio size upwards of Rs 5 lakh: survey | - |
| 23.04.2024 | Ladakh, Mizoram, Lakshadweep: Why are demat accounts rising in these cities | - |
| 23.03.2024 | JioCinema Gets 11.3 Cr Viewers On Day 1 Of IPL 2024 | SUMMARY
The OTT streaming platform clocked 59 Cr views on the first day of the tournament, translating into 660 Cr minutes of watch time
As many as 32 startups have associated with the IPL this year, a steep 68% increase from last year’s 19... |
| 08.06.2023 | Upstox founder Raghu Kumar raises $3.5 million for gaming startup TradingLeagues | ETtech(Illustration: Rahul Awasthi)
Raghu Kumar, who had co-founded the stockbroking startup Upstox with his brother Ravi Kumar, has raised a pre-series A round of funding for his next venture, TradingLeagues.
A fantasy gaming application t... |
| 04.04.2023 | Upstox backer BlackSoil snags $25 mn in fresh round | Credit: 123RF.com
Alternative credit platform BlackSoil Capital has raised $25 million (around Rs 205 crore) via bank debt, non-convertible debentures, AIF commitments and direct co-investments from banks, family offices, corporate treasuri... |
| 04.01.2022 | 🇮🇳 Roundup: Spiritual startup to raise $30m in series B money | InvestmentsNewsStartups
Aditya Hadi Pratama · 4 Apr 2022 · 2 min read🇮🇳 Roundup: Spiritual startup to raise $30m in series B money
Startups in India, including EnKash, Agrizy, One World Nation (OWN), and Kandola, have raised at least US$26.... |
| 26.11.2021 | Upstox turns unicorn with funding from Tiger Global at over $3 bn valuation | Online stockbroking platform Upstox has entered the unicorn club by raising $25 million at a valuation of over $3 billion, according to several media reports quoting unnamed sources.
Business Standard has reached out to the company for a co... |
| 25.11.2021 | Upstox may hit $3 billion valuation in new funding round led by Tiger Global | ETtech
Bengaluru | Mumbai: Tiger Global, one of the most aggressive backers of Indian startups, is doubling down on the domestic online investment and stock brokerage market.
The New York-based investment fund is in talks to lead a $150-200... |
| 25.11.2021 | Unicorn Club | Upstox's valuation to soar to $3-3.5 billion with new funding round led by Tiger Global | Illstration: Suneesh K
Online stockbroking platform Upstox will join the unicorn club with a fresh round of funding led by US investment giant Tiger Global. Upstox valuation post this round is expected to be in the range of $3-3.5 billion, ... |
| 25.11.2021 | 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 part of its Series C funding making it the 40th unicorn or a startup with over $1 billion valuation, in 2021 in India so... |
| 12.04.2021 | Discount broker Upstox suffers data breach – Aadhaar, PAN and bank account numbers leaked | Upstox, the second largest stock broker in India, has suffered a massive data breach.
This breach has exposed user data like Aadhaar, PAN, bank account numbers and more.
While Upstox did not comment on the data leak, it said it has upgraded... |
| 11.04.2021 | Upstox data breach: What we know so far | Another day, another security breach at an Indian company. On Sunday, stockbroking app Upstox revealed that it suffered a data breach which compromised contact details and know-your-customer details of its users.
In an announcement post, th... |
| 24.09.2019 | Tiger Global invests $25 mn in brokerage startup Upstox | Supriya Roy 24 Sep, 2019
Financial brokerage firm Upstox has raised $25 million in its second round institutional round from New York-based hedge fund Tiger Global Management.
The investment will help the startup in hiring talent and scalin... |
| 23.09.2019 | India: Tiger Global invests $25m in Upstox, eyes funding in NoBroker | Premium
New York-based investment firm Tiger Global Management has invested $25 million in online stock brokerage Upstox, said media reports.
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| 20.09.2019 | Funding Roundup For The Week: Vishal Sikka's AI Startup Raises $50 Mn, Upstox Raises $25 Mn And More | September 20, 2019 3 min read
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At a time when reports reveal global economic slowdown, Indian... |
| 20.09.2019 | Upstox raises $25 mn from Tiger Global: Report | Team TC 20 Sep, 2019
Mumbai-based online stock trading platform Upstox has raised $25 million in its second round of institutional funding from Tiger Global Management.
The company will use the funds to nearly double the headcount to 300 fr... |
| 13.02.2016 | RKSV Securities Raises $4M in Series A Funding | RKSV Securities, a Mumbai, India-based online stock brokerage, raised $4m in Series A funding.
Backers included Kalaari Capital, GVK Davix and others.
The company will use the funds to continue to expand operations.
Founded in 2012 by Ravi ... |
| - | Tiger Global Invests $25 Mn In Investment App Upstox | Digital stockbroking firm Upstox has raised $25 Mn in its second round of investment from New York-based investor Tiger Global.
Upstox cofounder Ravi Kumar claimed the company has been profitable for two years and a fresh round of funding w... |
| - | Upstox Tiptoes Around Data Breach Impacting 2.5 Mn Users, But Upgrades Security System | Online discount broking platform Upstox suffered a massive data breach affecting the personal data of 2.5 Mn of its customers, according to several media reports on Sunday (April 11, 2021). Thereafter, the company admitted that earlier clai... |
