India: Wealth management Groww raises $251m in Series E round

Wealth management and investment platform Groww has raised $251 million as part of its latest Series E funding led by Iconiq Growth, nearly tripling its valuation to $3 billion in a little over six months.

In April, the company had raised $83 million in its Series D round led by Tiger Global, which valued the company at a little over $1 billion.

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