Customer Win · Wealthtech · 2025

Groww raises Rs 2,985 crore in anchor round ahead of IPO

Groww won Abu Dhabi Investment Authority, New York State Teachers Retirement System, GIC Singapore, Nippon India, Axis Mutual Fund as a customer ($358M) on November 4, 2025.

Primary
Groww
Counterparty
Abu Dhabi Investment Authority, New York State Teachers Retirement System, GIC Singapore, Nippon India, Axis Mutual Fund
Amount
$358M
Structure
IPO anchor round
Date
November 4, 2025
Sub-sector
Wealthtech

Groww secured anchor investors including sovereign funds and major mutual funds ahead of Rs 6,632 crore IPO, validating its investment platform at $7 billion valuation.

Primary company
Groww
Amount
$358M
Event date
November 4, 2025
Sub-sector
Wealthtech
HQ
Not disclosed
Structure
IPO anchor round
Source published
November 4, 2025
Publisher
Economic Times

Source: economictimes.indiatimes.com