Tiger Global-Backed Groww Picks Bankers For Its IPO: Report

The investment tech platform Groww has picked banks, including JPMorgan Chase & Co. and Kotak Mahindra Bank for its potential IPO targeted for this year

The company could raise $750 Mn or more and may seek a valuation of $7-$8 Bn

Groww more than doubled its revenue reporting a 119% growth, up from INR 1,435 Cr in the financial year 2022-23 (FY23) to INR 3,145 Cr in FY24

Investment tech platform Groww’s parent Billionsbrains Garage Pvt Limited has reportedly picked banks for a potential India initial public offering…