India’s Groww in talks to raise funds at a $3 billion valuation

India’s Groww in talks to raise funds at a $3 billion valuation

3 years ago
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https://techcrunch.com/2021/09/14/indias-groww-in-talks-to-raise-funds-at-a-3-billion-valuation/

Groww, an Indian startup that is helping millennials invest in mutual funds and stocks, is in advanced stages of talks to raise a new financing round at a $3 billion valuation, according to six people familiar with the matter.

The Bangalore-based startup is negotiating to close a $250 million round, the people said, requesting anonymity as the matter is private. The round could close within weeks, they said.

India’s Groww in talks to raise funds at a $3 billion valuation

Sep 15, 2021, 6:14am UTC
https://techcrunch.com/2021/09/14/indias-groww-in-talks-to-raise-funds-at-a-3-billion-valuation/ > Groww, an Indian startup that is helping millennials invest in mutual funds and stocks, is in advanced stages of talks to raise a new financing round at a $3 billion valuation, according to six people familiar with the matter. > The Bangalore-based startup is negotiating to close a $250 million round, the people said, requesting anonymity as the matter is private. The round could close within weeks, they said.