13/1/2025, 3:29:03 pm

Groww in talks to file for IPO, valuation pegged at $7-8 billion

Indian stockbroking firm Groww is planning an IPO to raise $700 million at a valuation of $7-8 billion, engaging with investment bankers to start the process. The Bengaluru-based company aims to list despite market challenges, boasting 1.3 crore active investors and a 17% rise in operational profit to Rs 535 crore in FY23.