NEO News

Companies

Neobank Jupiter in early talks to raise up to $50 million from existing investors to expand

The development comes about four years after Jupiter raised $87 million from investors including Tiger Global Management and Sequoia Capital India at a valuation of $668 million.

2 min read5 Jun 2025
Markets

Reliance Infra, Va Tech Wabag among 18 micro-cap stocks that surged up to 24% in a week amid stock market volatility

Amid market fluctuations, microcap stocks such as Shilpa Medicare and Va Tech Wabag achieved significant gains. The Nifty Microcap 250 index outperformed the Nifty 50, rising 2.33% over the past week, with Dishman Carbogen Amics, Reliance Infra emerging as top gainers.

3 min read28 May 2025
Companies

Neo to raise ₹5,000 crore for new private credit fund as correction shrinks equity pool

The opportunity for private credit is getting better because equity as a competing pool is reducing for the next six to nine months, says Neo's CEO Hemant Daga

2 min read8 Apr 2025
Markets

Neogen Chemicals stock surges 6% after Q1 results; Kotak Institutional lifts target price to ₹2,000

According to Kotak Institutional Equities, the outlook for battery chemicals remains promising. The firm highlights strong interest from international customers in Neogen’s salts, where it stands as the most cost-effective non-China supplier.

2 min read9 Aug 2024
Markets

Neogen: Kotak Institutional recommends buying the stock, says firm has first-mover advantage in EV battery chemicals

Kotak Institutional Equities initiated coverage on Neogen Chemicals, highlighting its strong growth potential in India's EV battery chemicals sector. The company targets a 30% market share in battery electrolytes by 2030 and expects substantial revenue growth from both core and battery segments.

2 min read26 Apr 2024
Money

Neo Banks: Can they take the place of traditional banks?

A neo bank is a type of digital bank that does not have any physical locations and does not require you to be physically present at a certain place. Read further to know more about them.

3 min read6 Sep 2022
Money

Quick loans from Neo banks; Are they safe?

Neo Banks are financial technology versions of a physical bank that not only allow you to keep a savings account but also offer personal loans. Read further to know how these banks and their financial offering are different from their brick and mortar counterparts.

3 min read29 Apr 2022