What Comes After The Blockbuster IPO?

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SUMMARY

Groww’s INR 6,632 Cr IPO marks India’s largest fintech listing of the year, reflecting investor confidence in the opportunity within investment tech and wealthtech

Groww’s COO and cofounder Harsh Jain described the IPO as a pitstop in a long journey, and the company is now eyeing wealthtech as a growth area

Given regulatory tailwinds in discount broking, Groww has set its focus on wealthtech verticals like margin trading facility, commodities trading and serving HNIs

An INR 6,632 Cr issue, oversubscribed 17.6…



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What Comes After The Blockbuster IPO?


SUMMARY

Groww’s INR 6,632 Cr IPO marks India’s largest fintech listing of the year, reflecting investor confidence in the opportunity within investment tech and wealthtech

Groww’s COO and cofounder Harsh Jain described the IPO as a pitstop in a long journey, and the company is now eyeing wealthtech as a growth area

Given regulatory tailwinds in discount broking, Groww has set its focus on wealthtech verticals like margin trading facility, commodities trading and serving HNIs

An INR 6,632 Cr issue, oversubscribed 17.6…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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