The online investment platform developer tripled its valuation to $3bn in a round that included Propel Venture Partners.
India-based online investment platform developer Groww has raised $251m in a series E round featuring Propel Venture Partners, the venture capital firm formed by financial services firm BBVA, Business Standard reported today.
Investment adviser Iconiq Growth led the round at a $3bn valuation and it was also backed by Lone Pine Capital, Alkeon Capital Management, Steadfast Capital, Sequoia Capital India, Ribbit Capital, Tiger Global Management and Y Combinator’s YC Continuity fund.
Groww operates an online platform where users can invest…
