India-based unicorn investment app Groww raised 34X profit in FY20
Sat, May 8, 2021 3:11 PM

India-based unicorn investment app Groww raised 34X profit in FY20

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Bengaluru-based investment tech platform Groww reported revenue of INR 76.16 lakh in the FY20, an 823% YoY growth as compared to mere INR 8.25 lakh profit in FY19. Data is reported according to the company’s filing with the Ministry of Corporate Affairs. Last month, Groww stepped into unicorn club after raising $83 Mn in its Series D funding led by Tiger Global at a $1 Bn valuation.

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