IPO-Bound Groww Sees 3x Jump in Profit in FY25

IPO-bound Groww sees 3x jump in profit in FY25

Alongside the jump in profit, sources confirmed that the startup closed its $200 million Series F funding round. The investment was led by the Government of Singapore Investment Corporation (GIC), the sovereign wealth fund of the island nation. With this, the company's valuation stands at $7 bn.

Groww FY25 profit triples; Qcomm growth beyond metros

Happy Friday! IPO-bound fintech major Groww has reported a three-fold jump in its net profit for FY25. This and more in todays ETtech Morning Dispatch.

IPO-related groww sees 3x jump in win in FY25

Stock-Broking App Groww has seen its win in FY25 more than three-time £1,819 Crore, people who are familiar with the business, said, while the investment platform is preparing for launching his first public offer (IPO). The Startup -Ultup, based in Bengaluru, had registered a profit of £545 Crore in FY24. The turnover of the company […]