SEBI Clears Groww’s IPO; Expected To Raise Up To $1 Bn

Groww would be eyeing the raise of $800 Mn to $1 Bn from the IPO that will value the startup in the range of $7 Bn to $8 Bn

The startup last raised $200 Mn in its Series F funding round earlier in June at a valuation of $7 Bn

Groww’s net profit tripled on a YoY basis to INR 1,818 Cr in FY25, while operating revenue surged 29% to INR 4,056 Cr

Investment tech unicorn Groww has received the go-ahead from the public markets regulator for its public float, two sources close to the development confirmed to Inc42. The…