Economy Politics Country 2025-11-04T04:08:18+00:00

GROWW raises funds from sovereign funds for IPO

Indian brokerage GROWW allocates $339.61M in shares to Norway, Abu Dhabi, Singapore funds for $754M IPO.


GROWW raises funds from sovereign funds for IPO

Indian financial brokerage firm GROWW has allocated shares worth 29.85 billion rupees ($339.61 million) to key investors, including sovereign funds from Norway, Abu Dhabi, and Singapore, as part of its initial public offering (IPO) valued at $754 million. This allocation is part of the company's broader strategy to secure investment and expand its footprint in the financial markets.