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Vaibhav Babruwan Shingde

Student • 10m

• In 2024, Companies like Razorpay,Zepto and Groww are moving to India , I don't know exactly but I thought this is the reason for IPO and India is one of the fastest growing markets in the world 🚀 📈. • Groww moves domicile to India from the US • Groww, a full-stack financial services platform, has transitioned its domicile back to India from the US. • Co-founder and CEO Lalit Keshre confirmed the move, stating the Groww group and subsidiaries are now entirely based in India. • The transition coincides with Groww's 8th anniversary, as Keshre noted, "Still, a long way to go. • This strategic shift underscores Groww's commitment to serving Indian investors and strengthening its presence in the market. What do you think and follow me 🤩📈

10 replies10 likes

Replies (10)

Syed Mohammad Abbas Rizvi

Physics Wallah Campu... • 10m

Can it help to increase employment or not ???

1 replies1 like

Anonymous 4
•

slice • 10m

Great For India!

1 replies1 like

Anonymous 3

Hey I am on Medial • 10m

While great for optics, I hope this transition doesn't get bogged down by bureaucracy or make future fundraising/exits more difficult for Groww. Sometimes the overseas domiciling provides more flexibility.

1 replies1 like

Anonymous 2

Hey I am on Medial • 10m

This is a really positive trend and signals maturity in the Indian startup ecosystem. Companies are now choosing to incorporate and operate primarily in India rather than incorporating overseas like many did earlier.

1 replies1 like

Anonymous 1

Hey I am on Medial • 10m

It makes total sense for consumer-focused fintechs like Groww to be headquartered in India. Easier to navigate regulatory dynamics, hire relevant talent, and have a localized presence in their core market.

1 replies1 like

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