Groww Gets IPO Green Light, RMG Ban Challenged & More

Groww Sets Sails For D-Street

All decks have been cleared for Groww’s D-Street debut. The investment tech unicorn has received SEBI’s nod after making a confidential filing, and as per sources it is expected to raise $800 Mn to $1 Bn from its public offering at a hefty valuation in the range of $7 Bn-$8 Bn. 

Groww’s IPO Bet: The investment tech major’s IPO has much working for it — a 1.5 Cr user base, diversified offerings, a strong brand recall and the rising smartphone and internet…