Page 7 - Groww
Indiabulls Housing gets CCI approval to divest mutual fund biz to Groww
Indiabulls Housing Finance (IBHFL) has received the CCI approval to divest its mutual fund business to Groww for Rs 175 crore
 "Indiabulls Housing gets CCI approval to divest mutual fund biz to Groww")
Fintechs make their presence felt in MF space, see sharp growth in assets
Ease of access, innovative analytical tools and lower investing cost helping them score over traditional players
 "Fintechs make their presence felt in MF space, see sharp growth in assets")
Fintech firm Groww enters Rs 32-trillion MF space with Indiabulls purchase
Groww said Sebi's recent change in sponsorship criteria for fintech companies has enabled it to enter into the asset management space
 "Fintech firm Groww enters Rs 32-trillion MF space with Indiabulls purchase")
Online investment platform Groww to acquire Indiabulls MF for Rs 175 cr
Online investment platform Groww on Tuesday announced that it will be acquiring Indiabulls Mutual Fund for a total consideration of Rs 175 crore.
 "Online investment platform Groww to acquire Indiabulls MF for Rs 175 cr")
Groww's valuation shoots past $1 billion with $83 mn Series D funding
Funding round was led by Tiger Global; The company has so far raised a total of $142 million
 "Groww's valuation shoots past $1 billion with $83 mn Series D funding")
Groww raises Rs 220 cr in Series C funding from Sequoia, Ribbit Capital
Investment platform Groww said it has raised Rs 220 crore in Series C funding round from existing investors Sequoia India, Ribbit Capital, Propel ventures and a new investor YC Continuity
 "Groww raises Rs 220 cr in Series C funding from Sequoia, Ribbit Capital")
MF industry's digital drive helps in collections of new fund offerings
The digital capability of the MF industry has helped NFOs have a wider access to different parts of the country, despite the current lockdown conditions
 "MF industry's digital drive helps in collections of new fund offerings")
Groww raises $21.4 mn in Series B funding from Ribbit Capital, Sequoia
Groww, an investing platform offering direct mutual funds on its platform, has more than 2.5 million registered users
 "Groww raises $21.4 mn in Series B funding from Ribbit Capital, Sequoia")
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.
 "Online MF platform Groww raises $6.2 mn in Sequoia-led Series A funding")
Bengaluru-based Groww raises $1.6 million in pre-series A funding
According to Groww, there are only 20 million investors in India while more than 200 million have investable income
 "Bengaluru-based Groww raises $1.6 million in pre-series A funding")
Groww leverages data to make investing simple, accessible for beginners
More than 5,000 mutual fund products of all the 34 mutual fund companies are available on its platform
 "Groww leverages data to make investing simple, accessible for beginners")