Groww valued at $3 billion in $251 million funding

  • Groww, which has now raised over $390 million to date, was valued at $250 million in September last year and $1 billion in April this year.
  • TechCrunch reported last month that Groww was in talks to finalize a $250 million round at a $3 billion valuation.
  • More than 200 million people in India transact money digitally, but fewer than 30 million invest in mutual funds and stocks.
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