ViewTrade Holding Corporation has announced its partnership with Groww, an online trading platform in India. As per the partnership, innovative fintech solutions provider ViewTrade will provide a full suite of fintech services to Groww, which will enable the company to offer U.S. equity products to its expanding client base in India. Through this partnership, Groww…
Tag: Groww
Groww to acquire Indiabulls MF business for Rs175 cr
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•Online investment platform Groww announced that it will be acquiring Indiabulls Mutual Fund for a total consideration of Rs 175 crore, according to PTI report. The digital platform will acquire Indiabulls Asset Management Company (IBAMC) and the trustee company for Rs 175 crore, which includes a cash and equivalent component of Rs 100 crore, an…
Groww secures $83 million from Tiger Global, others
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•Groww has secured $83 million in Tiger Global led Series D funding round. With this, the online investment platform enters the startup unicorn club of India. Prior to this, Tiger Global, the New York-based investment fund, has made two investment in this sector – Upstox and IndWealth. The round also saw participation from existing investors…
Bengaluru-based Groww raises $30 mn Series C funding led by YC Continuity
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•Groww, the Bengaluru-based investment management startup, announced it has raised $30 million Series C funding led by YC Continuity, an investment fund dedicated to supporting founders as they scale their companies. The investment marks its first investment in India. Sequoia India, Propel Ventures, and Ribbit Capital also participated in the funding round. The startup will…