Online investment startup Groww, said on Wednesday that it has raised ₹154 crore in a Series B round led by American fintech focused fund Ribbit Capital. Its existing investors- Sequoia Capital India and marquee startup accelerator Y-Combinator, also participated in the round.
Founded in May 2017 by ex-Flipkart employees Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal, Groww currently offers over 3000 mutual fund options for investment on its website.
