Groww files updated draft papers with Sebi; eyes Rs 7,000-cr via IPO

Groww’s parent company, Billionbrains Garage Ventures, has filed updated draft papers with SEBI for an IPO aiming to raise approximately Rs 7,000 crore. The IPO includes a fresh issue of shares and an offer for sale by promoters and investors, targeting a valuation of USD 9 billion.