Groww

company

About

Groww is an investment platform that offers a new way of investing money with stockbroking and direct mutual funds.

  • 501 - 1000

Details

Last Funding Type
Series D
Last Funding Money Raised
₹6.18B
Industries
Financial Services,FinTech,Funding Platform,Impact Investing
Founded date
Jan 1, 2016
Number Of Employee
501 - 1000
Operating Status
Active

Groww is an investment platform that offers a new way of investing money with stockbroking and direct mutual funds.

The platform provides insights about mutual funds, systematic investment planning, equity-linked savings, and everything from the personal finance world, which helps new investors make investing simple by maintaining a simplified user interface to make investing easy, accessible, transparent, and paperless, enabling users to invest in mutual funds without any hassles. Customers can also invest in gold and US stocks through the Groww platform. The company is also a part of Y Combinator’s winter 2018 batch.

Founded in 2017 by Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal, the company was launched in Bengaluru, Karnataka.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
₹6.18B $287.20M
Groww has raised a total of ₹6.18B $287.20M in funding over 2 rounds. Their latest funding was raised on Oct 24, 2021 from a Series E round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 24, 2021 Series E $251M 1 Detail
Apr 7, 2021 Series D ₹6.18B 1 Detail
Sep 10, 2020 Series C $30M 1 Detail
Jan 23, 2019 Series A $6.20M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Groww is funded by 1 investors. Propel VC are the most recent investors.
Investor Name Lead Investor Funding Round
Propel VC Series E