Demat accounts: Groww market share crosses 25%, Zerodha continues to lose

Demat accounts: Groww market share crosses 25%, Zerodha continues to lose

With No.2 player Zerodha continuing to lose market share, Tiger Global-backed financial services firm Groww now controls 25.1% of the stock broking market in terms of NSE active clients. According to latest data collated by Motilal Oswal, the market share of Groww stood at 25.1% and rose 41 bps month-on-month (MoM). At the same time, … Read more

Tiger Global sells entire stake in Zomato for Rs 1,123 crore via bulk deal

Tiger Global sells entire stake in Zomato for Rs 1,123 crore via bulk deal

Tiger Global, through its affiliate Internet Fund III Pte, has exited food delivery platform Zomato by selling its entire stake via bulk deals on Monday. Under the transaction, the US hedge fund has offloaded 12.3 crore shares or 1.47% stake in the company on BSE at Rs 91.01 apiece, earning about Rs 1,123 crore. Marquee … Read more

Healthtech startup Pristyn Care poised for growth, completes 40,000 surgeries with 1 MN patient interactions

Healthtech startup Pristyn Care poised for growth, completes 40,000 surgeries with 1 MN patient interactions

In tier 2 cities and towns as well, Pristyn Care offers modern technology to treat diseases thus ensuring that advanced surgical technology is available for patients across India. A Sequoia Capital and Tiger Global backed surgery focused healthcare brand, Pristyn Care, recently hit a milestone of 40,000 surgeries with 1 million patient interactions. Founded in … Read more

Zomato plans grocery rollout, invests in Grofers

Zomato plans grocery rollout, invests in Grofers

(This story originally appeared in on Jul 09, 2021) BENGALURU: Food aggregator Zomato said it is recovering well after the pandemichit year, which saw its revenue plummet. It said the first quarter of this fiscal was better than the same period last year. The company also said it will soon launch a grocery section on … Read more