BANKING & FINANCE
Rupeezy Launches Purpose-First Goal-Based Mutual Fund Investing
Rupeezy, a technology-driven and profitable investment platform, has launched its purpose-first goal-based mutual fund Investing experience, designed to shift the investment decision from “Which mutual fund should I invest in?” to “What am I investing for?” The new offering comes as mutual funds gain wider acceptance among Indian retail investors as a vehicle for long-term […]
CW Bureau
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Sep 8, 2026
BANKING & FINANCE
HSBC Consumption Fund Delivers 15.13% Return Since Inception
HSBC Mutual Fund’s HSBC Consumption Fund, an open-ended equity scheme following the consumption theme, has delivered a 15.13% return since inception under the Regular Growth Option, outperforming its benchmark, Nifty India Consumption TRI, which returned 14.81%. The fund, which completed three years since its launch in August 2023, had assets under management (AUM) of ₹1,762 […]
CW Bureau
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Aug 27, 2026
STARTUP/TECHNOLOGY
Paytm Defers Bonus Issue For Now, To Focus On Growth And Profitability
One 97 Communications Ltd (Paytm), a leading digital payments and financial services company, has decided not to proceed with its proposed bonus share issue for the time being, choosing instead to prioritise growth and profitability to create long-term shareholder value. The company said the Board, after evaluating the proposal and holding detailed deliberations, concluded that […]
CW Bureau
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Jul 21, 2026
BANKING & FINANCE
Wealth First Acquires 51% In Mumbai Wealth Firm, Targets ₹20,000 Cr AUM
Wealth First Portfolio Managers Ltd has acquired a 51% stake in Mumbai-based Wealth First Advisors Pvt. Ltd. (WFAPL) at an equity valuation of ₹102.15 crore, with a five-year target of more than doubling its assets under management (AUM) to around ₹20,000 crore. Ahmedabad-based Wealth First, India’s first listed independent financial advisor (IFA) practice, said the […]
CW Bureau
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Jul 1, 2026
STARTUP/TECHNOLOGY
Trackk Adds Equity And F&O Trading, Deepens Focus On Young Investors
Trackk, a platform focused on young Indian investors, has launched equity investing and futures and options (F&O) trading services, enabling users to invest and trade directly on its platform for the first time. The move marks a significant expansion of Trackk’s offerings beyond stock discovery and investment insights, allowing users to identify opportunities, create personalised […]
CW Bureau
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Jun 17, 2026
BANKING & FINANCE
Poonawalla Fincorp Raises ₹2,500 Cr, Attracts Strong Institutional Interest
Poonawalla Fincorp Ltd (PFL) has announced the successful completion of its qualified institutions placement (QIP), raising ₹2,500 crore. The issue saw strong participation from institutional investors and long-term funds, reflecting continued confidence in the company’s strategy and growth outlook. Issue details and pricing The company issued 67,430,883 equity shares of face value ₹2 each to […]
CW Bureau
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Apr 14, 2026
