HomeStartupGroww raises $21.4mn from Ribbit Capital, Sequoia India, and Y Combinator
spot_img

Groww raises $21.4mn from Ribbit Capital, Sequoia India, and Y Combinator

Date:

Trending

A Bengaluru-based investing platform, Groww has raised $21.4 million in series B round funding from U.S. based Venture Capital firm Ribbit Capital, and others.

The new round funding led by Ribbit Capital also saw the participation of some of its existing investors like Sequoia India and Y Combinator.

- Advertisement -

“Grow, which offers direct mutual funds on its platform has more than 2.5 million registered users on its platform. Will use the new round finance in hiring of staffs in engineering, product, and in growth department,” the company in its statement said.

Further adding to the statement, the company stated, “The company will also use a notable portion of the finance, to extend its tech capabilities, and to develop super-scalable infrastructure for investing.”

THE SNAPSHOTS, IN YOUR INBOX

Get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

- Advertisement -
Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.
spot_img

More Latest Stories

spot_img

Related Stories