Zerodha’s founder & CEO Nithin Kamath has said that investors on the platform have booked profits worth a whopping Rs 50,000 crore in over four years. The Indian equity markets have witnessed a significant surge in investor participation, especially in the post-Covid pandemic period, resulting in a substantial increase in the number of investors entering…
Omnichannel jewellery retailer Bluestone is in talks to raise around $100 million in a pre-IPO round at a likely valuation of more than $1 billion, catapulting the startup to the unicorn club, three people aware of the matter said. This would be more than double its previous valuation of around $450 million in September 2023,…
Manish Poddar, founder, Rare Rabbit New-age men’s apparel and fashion brand Rare Rabbit is closing its maiden institutional funding round of Rs 500 crore led by investment fund A91 Partners, multiple people in the know said. The fundraise will see participation from the family office of Ravi Modi, founder of Vedant Fashions that runs ethnic…
Ather Energy, an electric two-wheeler manufacturer, is currently in discussions to secure a substantial funding round through a combination of primary and secondary share sales, according to individuals familiar with the matter.Sources have revealed to ET that Sachin Bansal, a cofounder of Flipkart and an existing investor in Ather Energy, has sold a significant portion…
Nikhil Kamath, India’s youngest billionaire and Zerodha co-founder, recently spoke to young entrepreneurs about his life philosophy. Despite dropping out of school, Kamath’s rise to success, with a net worth of $3.1 billion, is remarkable. According to ET, Kamath has stressed on the need to lighten up in life, drawing from his own school days…
