 "Groww")
It’s raining unicorns in the Indian startup ecosystem. After companies Meesho, Cred and Pharmeasy joined the unicorn club, online investment platform Groww has become the latest member of the group. The platform has raised $83 million in Series D round led by Tiger Global. The company has so far raised a total of $142 million.
The Bengaluru-based company is now valued over $1 billion with the fresh funding. Existing investors Sequoia Capital India, Y Combinator, and Ribbit Capital also participated in the round.
It is the second fintech firm to join the unicorn list after CRED and the fourth startup
