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Hey I am on Medialย โ€ขย 7m

Remember how Paytmโ€™s IPO was overhyped and then tanked? Retail investors lost money while founders and early investors cashed out. If PhonePe, Navi, and Groww donโ€™t show real profits and just sell a story, history will repeat itself.

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Groww files confidential IPO papers with SEBI. IPO size likely around $700 mn - $1 bn, comprising a mix of a fresh issue and an offer for sale.

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Account Deleted

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PhonePe IPO Is Coming! โ€ข PhonePe is planning an IPO to raise capital at a valuation of $8-10 billion. โ€ข In 2023, PhonePe raised $200 million from Walmart at a pre-money valuation of $12 billion. โ€ข PhonePe dominates the UPI payments business with a

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Rohan Saha

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Finally, Groww has also submitted its IPO documents to SEBI. In a few months, the updated DRHP will be released for the public as well. Another new age company is bringing its IPO, and its valuation will also be worth watching.

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