🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉

Download App

Home

Switch theme

Blog . Feedback . Privacy
Community Guidelines

Back to feeds

Vaibhav Babruwan Shingde

Stealth • 9m

• 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

Stealth • 9m

Can it help to increase employment or not ???

1 replies1 like

Anonymous 4
•

slice • 9m

Great For India!

1 replies1 like

Anonymous 3

Stealth • 9m

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

Stealth • 9m

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

Stealth • 9m

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

Recommendations from Medial

Ayush

Stealth • 1m

Groww is going IPO 📈 Groww, India’s largest retail stockbroker, is planning to file for an IPO within the next 10–12 months. -> The targeted valuation 💸 - $6 billion to $8 billion, over double its last valuation of $3 billion in October 2021. ->

3 replies10 likes

LIKHITH

Stealth • 5m

Mafia series #2 THE FLIPKART MAFIA ■Mukesh Bansal : Founder of mynrta ■ Ankit Nagori : Co Founder of Curefit ■ Sammer Nigam : Founder of Phonepe ■ Rahul Chari : Co-founder of phonepe ■Vaibhav Gupta : Co-founder of Udaan ■Amod malviya : Co

32 replies16 likes

Vaibhav Babruwan Shingde

Stealth • 1m

The Year of Indian Startups' IPOs Series : 1. Groww -> • Groww is planning an IPO to raise approximately ₹6,000 crore, aiming for a valuation between $6 billion and $8 billion. • In FY24, Groww reported ₹3,145 crore in revenue from operations, do

23 replies13 likes

Anonymous

Stealth • 7m

Singapore's sovereign wealth fund, Temasek, plans to invest $10 billion in India over the next three years, according to Ravi Lambah, Temasek's head of India and strategic initiatives. The substantial investment will increase Temasek's total exposur

0 replies7 likes

CA Dipika Pathak

Stealth • 8m

𝗪𝗵𝘆 𝗨𝗻𝗶𝗰𝗼𝗿𝗻𝘀 𝗮𝗿𝗲 𝗦𝗵𝗶𝗳𝘁𝗶𝗻𝗴 𝗧𝗵𝗲𝗶𝗿 𝗗𝗼𝗺𝗶𝗰𝗶𝗹𝗲 𝗕𝗮𝗰𝗸 𝘁𝗼 𝗜𝗻𝗱𝗶𝗮 ?? Recently, unicorn Groww completed its reverse flip, shifting its domicile to India from the U S. accounting for around $60 Mn-$70 Mn (approx. IN

0 replies8 likes

Vansh Arora

Stealth • 10m

Given the hold of players like Groww, Zerodha, IndMoney, and others, is it even worthwhile to pursue the career of a stock broker these days?

1 replies3 likes

Arcane

Stealth • 8m

After the recent Groww incident, what steps are you taking to ensure that the money has reached the fund house and you'll be able to withdraw it without any hassle?

3 replies3 likes

Three Commas Gang

Stealth • 8m

Groww just made a mess! Instead of investing the money apparently they created a fake folio! This is scary. And worst of all, it is alleged that instead of issuing an apology, they are demanding the post to be deleted. Did this give the necessary n