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, 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…