Wednesday, 17 September, 2025
Groww to Become First Major Indian Startup to IPO After Moving HQ Back from US
Groww, the Satya Nadella-backed Indian retail brokerage, is preparing a multi-billion-dollar IPO later this year. It restructured its corporate headquarters from Delaware to India—making it likely the first startup to list domestically after a US-to-India move. Major backers like Nadella, Peak XV, Tiger Global, Ribbit, and Y Combinator are selling ~394 million shares (~9.4% equity).
Read full story at TechCrunch