CosmicTaco

Groww Plans IPO with $6-8 Billion Valuation

CosmicTaco · 2025-01-15T11:32:41.837388+05:30

- Groww, a leading Indian stockbroking company, is planning an IPO with a target valuation between $6-8 billion. They aim to list within 10-12 months. - The company has raised nearly $400 million and was last valued at $3 billion in October 2021. They recently transitioned their domicile back to India. - Groww's FY24 revenue reached Rs 3,145 crore with a net loss of Rs 805 crore, mainly due to a one-time tax payment for the domicile transition. Source: [Entrackr](https://entrackr.com/news/fintech-unicorn-groww-eyes-6-8-bn-ipo-report-8617705)

Groww, a leading Indian stockbroking company, is planning an IPO with a target valuation between $6-8 billion. They aim to list within 10-12 months.
The company has raised nearly $400 million and was last valued at $3 billion in October 2021. They recently transitioned their domicile back to India.
Groww's FY24 revenue reached Rs 3,145 crore with a net loss of Rs 805 crore, mainly due to a one-time tax payment for the domicile transition.

Source: Entrackr