Wealth & Insurtech
Wealthtech and insurtech in India: online brokers, mutual fund platforms, SEBI-regulated advisers and digital insurers under IRDAI rules.
-
SEBI makes direct plans the default on mutual fund AMC apps from November 1
SEBI chairman Tuhin Kanta Pandey said direct plans will be the default on asset management companies’ digital platforms from November 1, and investors choosing regular plans must be told of…
-
Mochatrade raises $5.5 million to offer Indian traders US stock contracts through UPI
Mochatrade has raised $5.5 million in a CoinFund-led seed round for a platform that lets Indian traders take UPI-funded positions on US stock prices without a US brokerage account.
-
PhonePe launches Tatkal NPS, opening pension accounts from ₹250
PhonePe has added Tatkal NPS, a PFRDA framework that lets users open a National Pension System account in the app with existing bank KYC and a first contribution of ₹250.
-
PhonePe renames Share.Market as PhonePe Invest and adds a portfolio optimiser
PhonePe has renamed its broking platform Share.Market as PhonePe Invest and added a portfolio optimiser aimed at savers who do not yet hold equities.
-
IRDAI sets January 2028 for beta of its Public Insurance Registry
IRDAI chairman Ajay Seth said the beta of the Public Insurance Registry will be ready by January 2028 and defended the regulator’s distribution reform.
-
Groww Q2 results: parent’s profit rises 54% as derivatives income shrinks
Billionbrains Garage Ventures, which owns Groww, lifted September-quarter profit 54% to ₹725 crore while equity derivatives contributed less of its income.
The week in India fintech, every Friday
The top stories, why they matter, and the events coming up next week. Free.