Groww To Raise $202 Mn From GIC, ICONIQ Ahead Of IPO

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SUMMARY

IPO-bound fintech unicorn Groww will raise $202.3 Mn (INR 1,735 Cr) in its Series F funding round from GIC and ICONIQ Capital

The startup said that the purpose of the offer is to raise funds for growth of its existing business and the business of its subsidiaries

The Series F fundraise would be separate from Groww’s pre-IPO fundraise

IPO-bound fintech unicorn Groww is on course to raise $202.3 Mn (around INR 1,735 Cr) in a Series F funding round from investors like GIC and ICONIQ Capital. 

The startup’s board will…



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Groww To Raise $202 Mn From GIC, ICONIQ Ahead Of IPO


SUMMARY

IPO-bound fintech unicorn Groww will raise $202.3 Mn (INR 1,735 Cr) in its Series F funding round from GIC and ICONIQ Capital

The startup said that the purpose of the offer is to raise funds for growth of its existing business and the business of its subsidiaries

The Series F fundraise would be separate from Groww’s pre-IPO fundraise

IPO-bound fintech unicorn Groww is on course to raise $202.3 Mn (around INR 1,735 Cr) in a Series F funding round from investors like GIC and ICONIQ Capital. 

The startup’s board will…



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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