<ul><li>IPO-bound fintech unicorn Groww is set to raise $202.3 Mn in a Series F funding round from GIC and ICONIQ Capital.</li><li>This funding will involve allotment of Series F compulsorily convertible preference shares to Singapore GIC and ICONIQ Capital-linked ISP VII-B Blocker GW.</li><li>Groww filed its draft red herring prospectus with the SEBI for an IPO to raise between $700 Mn and $1 Bn.</li><li>The company has been active in acquiring startups like Fisdom and expanding its offerings in preparation for its IPO debut with a conservative valuation of $7 Bn.</li></ul>

Groww To Raise $202 Mn From GIC, ICONIQ Ahead Of IPO

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