Groww joined the Unicorn Club on April 07, 2021 after raising an $83 million Series D funding round, reaching a $1 billion valuation. Headquartered in Bengaluru, Karnataka, India, Groww provides an online investment and trading platform enabling users to invest across stocks, mutual funds, ETFs, IPOs, and derivatives.
The platform focuses on simplified investing, real time tracking, and direct access to financial instruments for retail investors.
Keep reading to learn how Groww became a leading investment technology unicorn.
What Is Groww and What Does It Do?
Founded in 2016, Groww is an investment technology platform designed to make financial investing simple and accessible. The platform enables users to invest and trade across multiple asset classes through a unified interface.
Groww offers stock trading, ETFs, IPO participation, futures and options, commodities trading, and access to direct mutual funds and new fund offers. It also provides portfolio tracking, intraday monitoring tools, and investment screeners for informed decision making.
How Much Funding Has Groww Raised?
1. Seed Round
- Amount Raised: $2.5 million
- Date: 2017
- Lead Investors: Y Combinator, angel investors
- Purpose: Build the initial investment platform and launch mutual fund offerings
2. Series A Round
- Amount Raised: $21 million
- Date: 2018
- Lead Investors: Sequoia Capital India
- Purpose: Scale user acquisition and expand product capabilities
3. Series B Round
- Amount Raised: $30 million
- Date: 2019
- Lead Investors: Ribbit Capital
- Purpose: Strengthen trading infrastructure and compliance systems
4. Series C Round
- Amount Raised: $45 million
- Date: 2020
- Lead Investors: Ribbit Capital, Tiger Global Management
- Purpose: Expand stock trading features and improve platform scalability
5. Series D Round
- Amount Raised: $83 million
- Date: April 2021
- Valuation: $1 billion
- Lead Investors: Tiger Global Management
- Purpose: Accelerate growth, expand asset classes, and scale engineering teams
6. Series E Round
- Amount Raised: $212 million
- Date: 2021
- Valuation: $3 billion
- Lead Investors: Lone Pine Capital, Alkeon Capital
- Purpose: Expand market presence, strengthen brokerage operations, and pursue acquisitions
7. Series F Round
- Amount Raised: $202 million
- Date: June 2025
- Valuation: $9 billion
- Lead Investors: GIC, Lone Pine Capital
- Purpose: Support public market transition, product expansion, and long term growth initiatives
Total Funding Raised: $596 million Latest Funding Date: June 2025 Employee Count: 887 as of August 2025
Key Investors
- Lone Pine Capital
- Details: Global investment firm focused on growth stage and public equities
- Focus Areas: Technology, fintech, and consumer platforms
- GIC
- Details: Sovereign wealth fund of Singapore
- Focus Areas: Financial services, technology, and long term investments
- Tiger Global Management
- Details: Global investment firm backing high growth technology companies
- Focus Areas: Internet, software, and fintech
- Ribbit Capital
- Details: Venture capital firm focused on financial technology
- Focus Areas: Payments, trading platforms, and financial infrastructure
- Sequoia Capital India
- Details: Venture capital firm investing in early and growth stage startups
- Focus Areas: Technology, consumer internet, and financial services
Where Is Groww’s Headquarters?
Groww is headquartered in Bengaluru, Karnataka, India, supporting its product development, brokerage operations, and financial services teams.
What’s Next for Groww?
Groww plans to deepen its investment product stack, enhance derivatives and commodities trading tools, and strengthen its public market presence. The company is focused on improving investor education, platform reliability, and regulatory compliance while scaling its retail investor base across India.
Get Investor and Funding Insights with TexAu
TexAu provides verified investor and funding data for companies like Groww. Explore insights on investment platforms, fintech innovation, and high growth financial technology companies.
Sign up for Free to access real time investor and funding intelligence.