FinTech
What Comes After The Blockbuster IPO?
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SUMMARY
Groww’s INR 6,632 Cr IPO marks India’s largest fintech listing of the year, reflecting investor confidence in the opportunity within investment tech and wealthtech
Groww’s COO and cofounder Harsh Jain described the IPO as a pitstop in a long journey, and the company is now eyeing wealthtech as a growth area
Given regulatory tailwinds in discount broking, Groww has set its focus on wealthtech verticals like margin trading facility, commodities trading and serving HNIs
An INR 6,632 Cr issue, oversubscribed 17.6…
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