Thursday, 28 August, 2025
Fintech Unicorn Groww Gets SEBI Nod for $800M–$1B IPO at $7–8B Valuation
Bengaluru-based fintech firm Groww has received approval from SEBI to launch its initial public offering, aiming to raise $800 million to $1 billion. The IPO, filed confidentially under its parent entity Billionbrains Garage Ventures, will list stock on both the NSE and BSE, with shares carrying a face value of ₹2. Groww recently raised $200 million at a $7 billion valuation, and is expected to command an $8 billion valuation upon listing, marking a major milestone for Indian fintech.
Read full story at Economic Times