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Top startup & tech stories this week

Welcome to a brand new edition of ETtech Unwrapped – our weekend newsletter. The week was packed with important stories broken by our reporters. Heres a recap if you missed these stories.

New-age brands buzz on deal street; Unacademy founders' voting rights

Happy Friday! New-age brands are attracting capital from VC funds, founders and other types of investors. This and more in todays ETtech Morning Dispatch.

Fintech superapp: Traditional financial services catch the super app bug

Financial services companies such as Aditya Birla Capital, Angel One and Muthoot Fincorp are building superapps -- a one-stop applications for all their customers' needs. This development comes as large groups such as Reliance Industries and Tata Group have already rolled out such superapps for everything from shopping to payments and credit under one roof.

Angel One launches Fin One to boost financial awareness

Angel One Limited, a prominent fintech brokerage in India, today announced the launch of Fin One, a digital-first initiative set to transform financial literacy for a billion Indians.

Startup news and updates: Daily roundup (May 16, 2024)

Meet man, a 12-grade passout whose business faced huge setback, now owns Rs 22174 crore company, he is...

Meet man who started his journey as 12th-grade passout, built Rs 25000 crore company, his net worth is…

Numerous success stories serve as a source of motivation for people. Dinesh Thakkar's journey is one such story that exemplifies his tenacity, drive, and commitment.

Angel One Ltd. Declares Financial Results For The Period Ended March 31, 2024

Angel One raises ₹1,500 crore via QIP - The Hindu BusinessLine

Angel One raises Rs 1,500 crore via QIP, stock ends lower

Stock broking firm Angel One has raised Rs 1,500 crore via qualified institutional placement (QIP) of shares. The funds will be used to fuel expansion plans. Angel One sold 58,70,818 equity shares to qualified institutional buyers at a floor price of Rs 2555.01 per share. The floor price was at a 6.32% discount to closing price of Rs 2727.60 on March 26. The QIP issue was open from March 26 to April 2.