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Vaibhav Babruwan Shingde

Student • 3m

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, doubling from 1,435 crore in FY23, with a net loss of ₹805 crore in FY24. Currently, Groww has 12 million active users.

23 replies13 likes

Replies (23)

Chamarti Sreekar

Passionate about Pos... • 3m

Groww's valuation seems high. Will it be justified by their IPO?

1 replies1 like

Vishu Bheda
•

Medial • 3m

Rs.3,145 crore revenue and Rs.805 crore net loss. Why that?

1 replies1 like

Anonymous 4

Hey I am on Medial • 3m

That's a low atleast they can aim for 20-30$ billion

1 replies1 like

Anonymous 3

Hey I am on Medial • 3m

The fact that revenue grew 2x is a huge positive. This means more users are coming on board and finding value in Groww’s platform, which is crucial in a highly competitive market like India’s fintech space.

1 replies1 like

Anonymous 2

Hey I am on Medial • 3m

A ₹6,000 crore IPO and a valuation with more than 10% of that in losses? Is that a good thing?

1 replies1 like

Aniruddh sharma

Sharma ji • 3m

1 replies

Anonymous 1

Hey I am on Medial • 3m

Groww’s IPO news is definitely one to watch

1 replies

Deepak Raiii

Hey I am on Medial • 3m

mere pass ek business idea h

0 replies1 like

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