Funding
Groww raises ₹2,984 crore from anchor investors
By Startup Enthusiast ·
- Date
- Company
- Groww
- What it does
- Groww IPO anchor book
- Kind
- Funding
- Amount
- ₹2,984.5 crore
- Stage
- IPO anchor round
- Based in
- Bengaluru
What they do
Groww collected about ₹2,984.5 crore from large institutional buyers just before its public share sale opened to everyone
What happened
Anchor investors are big funds that commit money at the issue price first, which helps build confidence in the sale
Why it matters
It was the last fundraising step before the fintech's stock market debut, with the public issue opening on 4 November
The details
- Groww raised ₹2,984.5 crore from anchor investors.
- The money came a day before the IPO opened to the public.
- Anchor investors are large funds that buy shares before retail buyers.
The deal
- Type
- IPO anchor book
Investors
More on Groww
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- Groww CEO identifies deeptech as India's next growth phase26 September 2026 · Analysis
- Peak XV and Sequoia sell Groww shares worth ₹1,999 crore16 September 2026 · Stake sale · ₹1,918 crore
- Groww captures 44% of new active client additions8 September 2026 · Milestone
- Groww posts ₹2,083 Cr profit in FY2628 August 2026 · Results · ₹2,083 Cr
- Groww wins Startup of the Year at 2026 awards27 August 2026 · Award
- Groww parent company added to MSCI India Index13 August 2026 · Milestone
- Fisdom founders to exit Groww6 August 2026 · People