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AZB acts for Tiger on fintech platform Groww’s $83m Series D unicorn funding

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)

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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