You are here: Home » Companies » News
Business Standard

Online MF platform Groww raises $6.2 mn in Sequoia-led Series A funding

The company plans to build its technology platform and launch new products that offer high-quality investment options to the young, upwardly mobile generation.

BS Reporter 

Representative Image
Representative Image

Groww, an online platform which sells mutual funds, has raised $6.2 million (Rs 44 crore) in a Series A round led by Capital India. The round also saw participation from US-based seed investor and accelerator Y Combinator, and Kauffman Fellows, said in a statement. The company plans to build its technology platform and launch new products that offer high-quality investment options to the young, upwardly mobile generation.

First Published: Wed, January 23 2019. 23:17 IST
RECOMMENDED FOR YOU