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Fintech startup Groww is reportedly in discussions to raise $250 million in a pre-IPO funding round, led by GIC, at a valuation of $6.8 billion. Earlier reports indicated that the company was seeking $200 million at a lower valuation of $6.5 billion. This funding round is part of Groww's strategy to enhance its market position ahead of its initial public offering. The discussions are ongoing, and details may evolve as negotiations progress.
#StartupsWithMC | Groww to raise $250 million at $6.8 billion valuation in GIC-led round: Report Read for more 👇 https://t.co/xhEmTfjZ7K #Groww #Startups #Finances
#LeadStoryOnET | Groww in talks to rack up $200 million via pre-IPO funding at $6.5 billion valuation https://t.co/mdXxbhiO4W https://t.co/CdIQIXpmMH
🚨🚨Fintech startup @_groww is in discussions with investors for a pre-IPO funding round, according to two sources familiar with the matter.