fisdom

Indian equities experienced significant volatility as geopolitical tensions impacted markets, leading to a weaker rupee and investor caution. While fear drives knee-jerk reactions, the core design of Systematic Investment Plans (SIPs) is built to navigate these phases, turning market swings into a potential long-term advantage for disciplined investors.

Personal finance management startup fisdom has raised its second round of institutional funding of Rs 25 crore led by Quona Capital. Venture capital fund Saama Capital, which led the first round of Rs 7 crore last October, also participated in this round. fisdom is a platform that allows users to make financial and investment decisions for long-term financial planning.

Wealth-tech startup fisdom has raised $7 million in new funding from existing investors led by PayU. Its existing investors Sama Capital and Quona Capital have also participated in this funding round, the company said.

Groww is set to acquire wealth-tech startup fisdom for approximately $150 million in an all-cash deal, marking its entry into wealth management and offline advisory services. This acquisition follows Groww's previous purchase of Indiabulls Asset Management Company. fisdom, known for its partnerships with numerous banks and diverse investment offerings, reported revenue of Rs 84 crore in FY24.

Mumbai, Nov 8 () Personal finance management startup fisdom has raised Rs 25 crore from US-based fintech- focused fund Quona Capital and existing investor Saama Capital. With this, the startup has raised Rs 35 crore in three rounds of funding.

Welcome to TOI Mastery - an exclusive masterclass on financial planning by Nirav Karkera of fisdom. Register with us and attend the session on June 7, 2024 from 3:00 PM to 4:30 PM.

Heart attacks, lung obstruction and strokes are the three top causes of death in India, accounting for over one-third of deaths. Along with diabetes and chronic kidney diseases, they make five non-communicable diseases that are part of the top ten causes of death.

The right portfolio starts with risk appetite, not return forecasts. Financial advisers outline how investors with different risk profiles can deploy a Rs 10 lakh lump sum across asset classes this year

Armed with the experience of handing out advice and cash, some venture capitalists are setting up their own businesses. Many learn that entrepreneurship may be exciting but it’s far from easy

One97 Communications (OCL), which owns brand Paytm, on Saturday said the company's president and chief operating officer (COO) Bhavesh Gupta has resigned from his position. Gupta, whose resignation comes amid a series of recent top level exits at the Noida-based fintech, will however move to an advisory role in the CEO office. Gupta quit citing personal reasons and his last day with the organisation.

Mumbai, Feb 27 () Asia-based payroll outsourcing service provider Excelity Global today said it has signed an agreement with Datamatics to manage end to end Human Resource outsourcing solutions of the later's entire employee life cycle.

NPS explained: Watch the video to learn more about what percentage of your corpus can you withdraw at the time of retirement and what needs to be mandatorily reinvested. Also find out how NPS is similar to mutual funds and where it differs.

Paytm Money, the wealth management platform of One 97 Communications Ltd, has appointed Rakesh Singh as its new CEO, replacing Varun Sridhar. Singh, previously the CEO of broking services at PayU-backed fisdom, joined Paytm Money recently. Under Sridhar's leadership, Paytm Money achieved profitability with a net profit of Rs 42.8 crore in FY23.