Groww becomes India's latest unicorn after backing from Tiger Global

Groww becomes India's latest unicorn after backing from Tiger Global

Photo by Annie Spratt on Unsplash

Investment platform Groww on Wednesday said it has raised $83 million as a part of its Series D funding round, led by Tiger Global Management, at a valuation of more than $1 billion. Existing investors Sequoia India, Ribbit Capital, YC Continuit, and Propel Venture Partners also participated in the round.

The company had raised $30 million as part of its Series C funding in September, led by YC Continuity, Y Combinator’s growth stage fund.

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