Groww, supported by Microsoft CEO, publicly applies for an IPO in India
Source: CoinWorld
Time: 2025-09-17 00:16:45
Groww's parent company, Billionbrains Garage Ventures, has filed for an IPO in Mumbai, and plans to raise up to Rs 1,060 crore (about US$120 million) through the issuance of new shares. The offering includes a secondary offering by existing investors, including founders and early supporters. Supported by Microsoft CEO Satya Nadella, the company has a target valuation of up to $8 billion, with total financing expected to range between $650 million and $800 million.