Investment platform Groww is on track to secure approximately $250 million in a pre-IPO funding round spearheaded by Singapore’s GIC, propelling its valuation to $6.8 billion. The Bengaluru-headquartered company is gearing up for its public debut by December with a valuation range of $6 billion to $8 billion. Groww has witnessed a swift growth in its financial services offerings, resulting in a substantial revenue uptick.
Groww to raise $250M in pre-IPO funding led by GIC, eyes $6.8B valuation, plans IPO by December.
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