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Groww Plans Early November IPO at $8 Billion Valuation
Groww will launch its IPO in early November, seeking a valuation of $8 billion, reflecting strong user growth and rising investor appetite for Indian fintech listings.
Online investment platform Groww confirmed its plan to go public in early November, targeting a valuation near $8 billion. Backed by marquee investors, the company aims to raise funds for expanding its wealth management and mutual fund distribution verticals. With over 7 million active users and consistent profitability, Groww has seen robust growth across retail participation segments. The offering’s timing coincides with rising retail interest in fintech listings. Market watchers say the deal could strengthen India’s capital markets narrative for 2025.