Groww's IPO: A Milestone for Indian Fintech
Update: 2025-11-12
Description
Groww, a prominent Indian fintech firm, made a successful public debut on the stock market, marking a significant moment for the company and the countrys startup ecosystem. Founded in 2016, Groww has rapidly grown to serve over 14 million active users, offering a range of financial services including stockbroking, lending, payments, asset management, and insurance brokerage. The company reported impressive financial results for the fiscal year ending March 2025, with revenues of 39 billion rupees and a net profit of 18 billion rupees. Groww plans to use the capital raised from its IPO to strengthen its infrastructure, expand marketing efforts, and invest in its lending and margin trading businesses.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
