Groww has raised $83 million in a Series D funding round led by Tiger Global, making the online investment platform the latest entrant into India’s startup unicorn club. This is the third investment by New York-based investment fund Tiger Global in the sector after Upstox and IndWealth. Existing investors Sequoia India, Ribbit Capital, YC Continuity and Propel Venture Partners also participated in the round.

— The Economic Times

AZB & Partners advised investor Tiger Global Management led by a team of partners Ashwath Rau, Srinath Dasari and Bhuvana Veeraragavan, and senior associate Karishma Dugar.

2021-03-12

Deal value: INR 6.19 billion (USD 83 million)

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