Groww Settles SEBI Case By Paying INR 34 Lakh

The case originated from a technical glitch that Groww’s brokerage platform faced on January 23, 2024

In a showcause notice sent to the startup, SEBI alleged that the platform did not publish “full and true disclosure” on time to the exchange on LAMA

Following this, the fintech major proposed to settle the case, without admitting or denying SEBI’s findings

IPO-bound invest tech startup Groww has settled a case pertaining to technical glitches with SEBI by paying INR 34.1 Lakh. 

The case originated from a…