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Groww Seeks $200 Mn In Pre-IPO Funding Round: Report

  • Investment tech unicorn Groww is in advanced talks with GIC and Tiger Global for a $200 Mn pre-IPO funding round.
  • The funding could value Groww at around $6.5 Bn.
  • Groww is an online discount broking platform for stocks, ETFs, and IPOs.
  • In FY24, Groww reported a net loss of INR 805 Cr and an operational profitability of INR 535 Cr.

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