Investors’ hunt for Groww unlisted shares at steep $9 billion valuation raises eyebrows. What does it tell about IPO?
In the run-up to its much-anticipated public debut, online investment platform Groww has sparked a frenzy in India’s private markets. Investors are aggressively chasing unlisted shares of the Bengaluru-based firm at valuations that go well beyond its last transacted levels, providing a glimpse into the heightened expectations around its upcoming IPO. Groww, which filed an … Read more