Groww Raises INR 2,984.5 Cr From Anchor Investors

Anchor investors subscribed to 29.84 Cr equity shares of the company at a price of INR 100 apiece

In this, 13.90 Cr equity shares, or 46.6% of the anchor round, were lapped up by 17 domestic mutual funds, including HDFC, Kotak, SBI, Axis Bank, Aditya Birla Sun Life, Motilal Oswal, and Mirae Asset

Other investors who participated in the anchor round included Goldman Sachs, Societe Generale, ADIA, Government of Singapore, MIT, Steadview Capital

Fintech major Groww has raised INR 2,984.5 Cr from anchor investors as its…