Back

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

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

Taxes!

Could you elaborate?

Groww shifted their headquarters from another country to India , So They have to pay taxes.

Reverse flipping. Now, i got it. Thanks man.