Groww To Raise $202 Mn From GIC, ICONIQ Ahead Of IPO

IPO-bound fintech unicorn Groww will raise $202.3 Mn (INR 1,735 Cr) in its Series F funding round from GIC and ICONIQ Capital

The startup said that the purpose of the offer is to raise funds for growth of its existing business and the business of its subsidiaries

The Series F fundraise would be separate from Groww’s pre-IPO fundraise

IPO-bound fintech unicorn Groww is on course to raise $202.3 Mn (around INR 1,735 Cr) in a Series F funding round from investors like GIC and ICONIQ Capital. 

The startup’s board will…