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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Despite a diversification push, over half its revenue continues to come from the volatile and highly regulated equity derivatives segment.
Groww (Billionbrains Garage Ventures Limited) remains India’s largest brokerage by active users, and its growth looks strong on the surface. In Q1FY27, revenue from operations rose 66% year-on-year to Rs 1,501 crore, with profits keeping pace—rising 94% to Rs 735 crore.
But beneath this growth lies a structural vulnerability.
A significant portion of Groww’s business still depends on equity derivatives—a segment that is both volatile and increasingly under regulatory pressure. Since October 2024, it has faced a series of curbs: hikes in securities transaction tax, reduction in expiry days, tighter margin requirements, studies flagging investor losses and, more recently, …
The Delhi-based group lender has been struggling with mounting losses, driven by the shifting priorities of borrowers and the growing pressure on field staff to meet targets.
The loan aggregator keeps sending updates on WhatsApp even to users who haven’t applied for a loan. The company is exploiting a grey area in India’s telecom regulatory framework and WhatsApp’s policies.
The fintech is gearing up to go public at a $5-6 billion valuation. Much like beauty, value lies in the eyes of the beholder, but public markets are rightly cross at obscene startup valuations.
