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Groww Secures $250M Pre-IPO Funding Led by GIC

  • Investment platform Groww is raising $250 million in pre-IPO funding led by Singapore's GIC.
  • The funding values Groww at $6.8 billion, more than doubling its last recorded valuation.
  • This round signals strong investor confidence as Groww prepares for its public listing.
  • Other investors may include Tiger Global Management, highlighting continued interest in India's fintech sector.
  • Groww's rapid expansion positions it as a key player in India's online investing space.

Source: Moneycontrol, The Times Of India

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4mo ago
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