Online investment app Groww raises fresh funds led by Tiger, valuation jumps to $1 billion
We'll soon meet in your inbox. Please wait... Existing investors Sequoia India, Ribbit Capital, YC Continuity and Propel Venture Partners also participated in the round. The deal values the company at close to $1 billion. ET first reported on the impending deal on March 1. Founded in 2017 by former Flipkart employees Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal, Groww is an investment platform with more than 15 million registered users. The Bengaluru-based startup, targeted at millennials investing in financial products, faces stiff competition from Zerodha, Upstox and Paytm Money...
Source: indiatimes.com