Groww, a Bengaluru-based stock trading app, is eyeing an IPO with a valuation target of $6B to $8B.

Stock trading app Groww is considering an IPO, aiming for a valuation between $6 billion and $8 billion, up from its last valuation of $3 billion in 2021. The company, based in Bengaluru, plans to raise approximately $700 million. Groww reported operational profits of Rs 535 crore in FY24, a significant rise from Rs 458 crore in the previous year, with revenues increasing by 119% to Rs 3,145 crore.

2 months ago
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