BillionGarage Ventures, the parent entity of wealth management platform ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tech/groww”>Groww, reported a three-fold jump in net ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/profit” target=”_blank”>profit to Rs 1,819 crore for ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/fy25″ target=”_blank”>FY25, while revenue rose 31% to Rs 4,056 crore, as per financial documents seen by ET.

The Bengaluru-based company data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/technology/singapores-gic-seeks-cci-nod-to-acquire-2-stake-in-groww/articleshow/121190087.cms” data-type=”tilCustomLink” target=”_blank”>also closed a $200 million funding round at a $7 billion valuation, with Singapore’s sovereign wealth fund rel=”dofollow” href=”https://economictimes.indiatimes.com/general-insurance-corporation-of-india/stocks/companyid-12266.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>GIC and existing backer Iconiq Capital participating. data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/technology/groww-in-talks-to-raise-pre-ipo-financing-at-6-5-billion-sources/articleshow/119481682.cms” data-type=”tilCustomLink” target=”_blank”>ET had first reported on March 26 that a deal with ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/gic” target=”_blank”>GIC was in the works.

Groww counts Peak XV Partners, Tiger Global, and Ribbit…

BillionGarage Ventures, the parent entity of wealth management platform ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tech/groww”>Groww, reported a three-fold jump in net ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/profit” target=”_blank”>profit to Rs 1,819 crore for ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/fy25″ target=”_blank”>FY25, while revenue rose 31% to Rs 4,056 crore, as per financial documents seen by ET.

The Bengaluru-based company data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/technology/singapores-gic-seeks-cci-nod-to-acquire-2-stake-in-groww/articleshow/121190087.cms” data-type=”tilCustomLink” target=”_blank”>also closed a $200 million funding round at a $7 billion valuation, with Singapore’s sovereign wealth fund rel=”dofollow” href=”https://economictimes.indiatimes.com/general-insurance-corporation-of-india/stocks/companyid-12266.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>GIC and existing backer Iconiq Capital participating. data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/technology/groww-in-talks-to-raise-pre-ipo-financing-at-6-5-billion-sources/articleshow/119481682.cms” data-type=”tilCustomLink” target=”_blank”>ET had first reported on March 26 that a deal with ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/gic” target=”_blank”>GIC was in the works.

Groww counts Peak XV Partners, Tiger Global, and Ribbit…