Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Groww Gets Sebi Nod To Launch IPO, May Raise Up To USD 1 Billion
The Business Guardian
|August 31, 2025
Billionbrains Garage Ventures, the parent company of stock broking firm Groww, has secured approval from markets regulator Sebi to launch its initial public offering (IPO) aimed at raising between USD 700 million and USD 1 billion, industry sources familiar with the development said on Thursday.
With this, the Bengaluru-based investment platform expects a valuation of around USD 7 billion, they added.
The approval paved the way for one of the largest fintech listings in the country.
The company's proposed IPO is a combination of a fresh issue of equity shares and an offer for sale (OFS) component.
Billionbrains Garage Ventures, in May, filed draft red herring prospectus (DRHP) with Sebi through a confidential pre-filing route.
Dit verhaal komt uit de August 31, 2025-editie van The Business Guardian.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Business Guardian
The Business Guardian
SAMSUNG, SK, AND HYUNDAI MOTOR REPORT HIGHEST ASSET GROWTH IN FIVE YEARS
South Korea’s top conglomerates—Samsung, SK, and Hyundai Motor—led asset growth over five years, driven by strong business expansion and global demand.
1 mins
October 23, 2025
The Business Guardian
From Yamuna to today: The evolution of Bhai Dooj through centuries
As the flicker of Diwali diyas softens into a golden glow, India celebrates the tender finale of the festival of lights — Bhai Dooj, a day devoted to the bond between brothers and sisters.
2 mins
October 23, 2025
The Business Guardian
MCD ensuring sanitation, lighting and safety at Chhath Ghats, says official
Chairperson of the Standing Committee, Municipal Corporation of Delhi (MCD), Satya Sharma, on Wednesday inspected the Sonia Vihar Chhath Ghat on the banks of the Yamuna river to review the preparations for Chhath Puja.
1 min
October 23, 2025
The Business Guardian
Odisha partners with Rice Exporters Federation for mega conference
The Odisha government has confirmed its collaboration with the Bharat International Rice Conference (BIRC) 2025, dubbed the world’s largest conference dedicated to the rice sector.
1 min
October 23, 2025
The Business Guardian
FILA India launches energetic SuperBubble and TSS Moon shoes
With a legacy of innovation spanning over a century, FILA announces the arrival of the SuperBubble and the TSS Moon, two icons that redefine boldness and movement for a new generation.
1 mins
October 23, 2025
The Business Guardian
Priyank Kharge questions RSS on Chittapur centenary march timing
Karnataka Minister Priyank Kharge on Sunday alleged that the RSS had been quiet for along time and suddenly requested permission for the march after he received abusive calls and death threats from their goons.Speaking with ANI, he emphasised that abusing public representatives could embolden others to engage in similar behaviour.
1 min
October 23, 2025
The Business Guardian
A message of restraint, service, and culture: Atul Jain celebrated his birthday by dedicating his book “Namokar - Vartaman Jagran”
With the aim of awakening the spirit of restraint, service, and culture in society, Atul Jain, National President of the Shri All India Shwetambar Sthanakavasi Jain Conference, began his birthday with a meaningful act.
1 min
October 23, 2025
The Business Guardian
Police arrest wanted murderer after exchange of fire in Dwarka
In a breakthrough, the Delhi Police arrested a wanted criminal in a murder case after an exchange of fire in the Dwarka area of the national capital on Wednesday.
1 min
October 23, 2025
The Business Guardian
LUCKNOW’S BRAHMOS FACILITY: A STRATEGIC INFLECTION POINT FOR UTTAR PRADESH AND INDIAN AIR POWER
The inauguration of the BrahMos Aerospace production facility in Lucknow marks a watershed moment in India’s defence trajectory— one that I believe will be studied in strategic circles for decades to come.
4 mins
October 23, 2025
The Business Guardian
IT MINISTRY PROPOSES STRICTER LABELLING RULES TO CURB DEEPFAKES
The potential for misuse of generative AI tools “to cause user harm, spread misinformation, manipulate elections, or impersonate individuals has grown significantly,” the government added.
1 mins
October 23, 2025
Listen
Translate
Change font size