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ET Money is an Indian fintech and wealth management platform which was founded in 2015 . [2] It offers a variety of financial products and services, including mutual funds, insurance, fixed deposits, NPS and SIPs. [3] The investments tracked and managed on the app is US$3 billion (₹ 22,500 crore) as of March 2022. [1]
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Such apps are compiled in the Android-native APK file format which allows easy redistribution of apps to end-users. Most apps are distributed through Google's Play Store but many alternative software repositories, or app stores, exist. Alternative app stores use Android devices' "Unknown Sources" option to install APK files directly via the ...
PhonePe announced the acquisition of $350 million from General Atlantic, a US growth equity firm, at a pre-money valuation of $12 billion. [23] Subsequently, another $100 million was attained in primary capital in February 2023 from Ribbit Capital , Tiger Global , and TVS Capital Funds, followed by $200 million in primary capital from Walmart ...
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A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States , Canada , and India , while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.
As everyday prices continue their upward climb, smart savers are turning to certificates of deposit to safeguard their money's real value. This week's inflation report showed a 2.9% year-over-year ...
A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money markets. [1] The interest rates paid are generally higher than those of savings accounts and transaction accounts; however, some banks will require higher minimum balances in money market accounts to avoid monthly fees and to earn interest.