Groww IPO: Promoters to pocket Rs 40 crore, set for up to 4,950% windfall as fintech unicorn readies for listing

Groww IPO: Promoters to pocket Rs 40 crore, set for up to 4,950% windfall as fintech unicorn readies for listing

Online brokerage Groww’s founders are set for a massive payday as the Bengaluru-based fintech gears up for one of India’s most-awaited public listings next week. At the upper end of the IPO price band, the company’s four co-founders will together pocket Rs 40 crore, marking windfall gains of up to 4,950% from their original investment. … Read more