groww

Groww, India’s biggest trading app, seeks $7B value in IPO

Groww, India’s largest retail stockbroker, is preparing to file for an IPO in 10 to 12 months, seeking a valuation between $6 billion and $8 billion, sources familiar with the matter told TechCrunch. The Bengaluru-headquartered’s listing would be the first IPO by a digital trading platform in India. The targeted valuation is more than double […]

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Groww pays $160M tax as it returns to India amid a startup relocation wave

Indian stock trading and mutual fund startup Groww paid $159.4 million in taxes as it shifted its domicile from the U.S. back to India, the company said in a statement on Monday. Nearly a dozen Indian startups are in the process of relocating their headquarters to India from the U.S. and Singapore to better comply

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Groww joins the first wave of Indian startups moving domiciles back home from US

Groww, an Indian investment app, has become one of the first startups from the country to shift its domicile back to India from the U.S., signaling a broader trend among the local startup community. The Bengaluru-headquartered startup, which allows consumers to buy shares and mutual funds, made the transition in March, its co-founder and chief

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