<ul><li>Wealthtech unicorn Groww has filed for an IPO with SEBI under the pre-filing mechanism.</li><li>The company is eyeing a $7-8 billion valuation with a potential IPO size ranging between $700-920 million.</li><li>Groww's IPO is expected to be closely watched in the Indian fintech sector where it competes with players like Zerodha and Upstox.</li><li>SEBI will review Groww's confidential DRHP, and upon approval, a publicly available updated DRHP will be filed with detailed financial disclosures.</li></ul>

Groww Confidentially Files for IPO with SEBI, Eyes $7-8 Billion Valuation

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