Groww Closes $200 Mn Funding Round Ahead Of IPO

Groww closed its Series F funding round from GIC and ICONIQ Capital at a valuation of $7 Bn

The Bengaluru-based unicorn has seen a 250% jump in its valuation after falling to $2 Bn while shifting its domicile to India last year

The startup said in a filing with the RoC that the new capital is raised for growth of its existing business and the business of its subsidiaries

IPO-bound wealthtech startup Groww has closed its Series F funding round of $202.3 Mn (around INR 1,735 Cr) from GIC and ICONIQ Capital at a…