Archive · 13 Jun 2025
Groww Raises $200M, Eyes IPO After Profit Surge
Groww, an investment platform, has raised about $200 million from investors.
They are also planning to sell stocks to the public through an IPO, aiming to raise $700 million to $1 billion.
The company's profits have tripled, and its income has gone up as well.
Groww is a fast-growing company with a large share of the market.
They have recently made an entry in wealth advisory by acquiring another fintech platform, Fisdom.
Groww raised approximately $200 million in a funding round led by GIC.
The company filed a confidential DRHP with SEBI for an IPO of $700 million to $1 billion.
Groww's net profit tripled to ₹1,819 crore in FY25.
Revenue increased by 31% to ₹4,056 crore in FY25.
Groww has the largest market share with 26% in FY25
- Who
- Groww, an investment platform.
- What
- Groww raised $200 million and is preparing for an IPO.
- When
- FY25.
- Where
- Bengaluru.
- Why
- Groww is expanding its business and preparing for an IPO.
- Funding Amount
- $200 million
- FY25 Profit
- ₹1,819 crore
- FY25 Revenue
- ₹4,056 crore
- IPO Amount
- $700 million - $1 billion
- Market Share
- 26% (FY25)
