Groww, Backed by Satya Nadella, Set to Become First Indian Startup to Go Public After U.S.-to-India Move

Groww, backed by Satya Nadella, set to become first Indian startup to go public after U.S.-to-India move

Groww's listing — expected later this year — is set to double as a major cash-out moment for global venture funds.

Microsoft CEO-Backed Groww Makes Public Filing for India IPO

Billionbrains Garage Ventures Ltd., the parent of India’s largest investment platform Groww, on Tuesday filed for an initial public offering in Mumbai that includes a proposal to raise as much as 10.6 billion rupees ($120 million) via new shares.

Groww IPO: Microsoft CEO-Backed Firm Files Updated DRHP; Eyes Fresh Issue Worth Rs 1,060 Crore

Stock broking platform Groww's parent company Billionbrains Garage Ventures Ltd. has filed an updated draft red herring prospectus with the Securities and Exchange Board of India for its initial public offering worth Rs 7,000 crore on Tuesday, as per sources.

Groww files updated draft papers with Sebi; eyes Rs 7,000-cr via IPO

New Delhi, Sep 16 (PTI) Billionbrains Garage Ventures, the parent company of stock broking firm Groww, on Tuesday filed updated draft papers with markets regulator Sebi for an initial public offering (IPO) aimed at raising an estimated Rs 7,000 crore, people familiar with the matter said. The IPO comprises a fresh issue of equity shares worth Rs 1,060 crore along with an offer for sale (OFS) component of 57,41,90,754 equity shares by promoters a…

Groww Files Updated DRHP, To Raise INR 1,060 Cr Via Fresh Issue

Investment tech unicorn Groww has filed its updated draft red herring prospectus (UDRHP) with SEBI for its IPO.  The public issue will comprise a fresh issue of shares worth up to INR 1,060 Cr ($120.5 Mn) and an offer-for-sale (OFS) component of up to 57.4 Cr shares. Investors like Peak XV, Tiger Global, Ribbit, among others, will be offloading stake in the IPO. Sources told Inc42 that the OFS component would be in the range of INR 5,000 Cr to I…