Groww, backed by Satya Nadella, set to become first Indian startup to go public after U.S.-to-India move
Groww, a popular Indian investment platform, is poised to become the first Indian startup to go public after a U.S.-to-India move. The company, backed by Microsoft CEO Satya Nadella, is expected to list its shares later this year, marking a significant milestone for the Indian startup ecosystem. The impending public offering is set to serve as a major cash-out moment for the global venture funds that have invested in Groww. The startup has gained significant traction in India, catering to the growing demand for accessible and user-friendly investment platforms. Groww's journey from a U.S.-based startup to an Indian success story highlights the increasing opportunities and talent within the Indian technology landscape. The public listing is expected to provide further validation and momentum for the country's vibrant startup ecosystem, as it continues to attract global attention and investment.
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