WealthTech News 7 Nov
WealthTech News 7 Nov

WealthTech India News

Angel One overtakes Zerodha to become India’s second-largest stockbroker

Angel One emerges as India’s Second-Largest Stockbroker, Moves Closer to 70 Lakh Active Clients. According to the NSE’s latest Report. With an active client base of 69.98 lakh, the brokerage now accounts for 14.97% of the 4.67 crore active clients across all brokers on the exchange.

Arihant Capital receives SEBI approval to set-up AMC.

SEBI has granted in-principle approval to Arihant Capital Markets Limited to act as a sponsor and to set up a proposed mutual fund.

FinTech infrastructure startup OneStack raises $1.32m

Mumbai-based fintech startup OneStack has raised ₹12.5 crore in a growth funding round led by new investor Shepherd’s Hill, along with existing investors, Pentathlon Ventures and AVNM Ventures. Founded in 2019, OneStack provides digital banking solutions to cooperative banks and NBFCs. Its services include mobile banking, UPI, QR code payments, debit card management and core banking solutions.

Razorpay gets SEBI nod for IPO and is now at GIFT City.

Bengaluru-based fintech and Y Combinator- and Peak XV-backed fintech unicorn Razorpay has got the market regulator Securities and Exchange Board of India (SEBI) approval for its initial public offering [IPO]

PowerUp Money raises $10M

Wealthtech PowerUp Money has raised $10 million in an early-stage round led by Flourish Ventures. PowerUp Money is a mutual fund advisory app with SEBI-registered RIA licence. Founded in 2025 by Prateek Jindal, Founder at Bengaluru. Infinite is PowerUp Money’s managed wealth advisory offering. Scaling Infinite will be one of the key priorities for the fresh capital.

Taghash launches AI assistant “Brain” for Investment funds,VCs

Brain, Taghash’s new AI agent, uses a fund’s existing data to analyse portfolio performance, generate reports, build dashboards with live data and carry out tasks within Taghash. Work that once took days can now be completed in minutes. Brain builds on Taghash’s MCP integration and its WhatsApp and Slack assistants. 

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