Groww, officially known as Billionbrains Garage Ventures Ltd, announced plans to raise ₹6,632.3 crore through its initial public offering (IPO). The offering includes a mix of fresh issue and offer for sale, marking a significant milestone for the digital investment platform.
The proceeds will be utilised for technology upgrades, server infrastructure, and investments in subsidiaries, including Groww Creditserv Technology Private Limited and Groww Invest Tech Private Limited, as well as strategic acquisitions.
Groww was incorporated as Billionbrains Garage Ventures Private Limited on January 9, 2018, under the Companies Act, 2013. It became a public limited company on April 11, 2025. In March 2024, following NCLT approval, Groww Inc., its erstwhile holding company, merged into Billionbrains Garage Ventures Ltd.
Groww operates as a digital investment and wealth management platform, enabling users to invest in mutual funds, equities, ETFs, derivatives, and other financial instruments. Its subsidiaries include:
These entities support services such as credit solutions, asset management, and insurance broking.
The IPO aims to strengthen Groww’s technology infrastructure and support inorganic growth through acquisitions. The company’s focus remains on simplifying investing for first-time and experienced investors through a user-friendly platform and data-driven insights.
Read More: India's IPO Market Hits Record High, ₹4.18 Lakh Crore Drafts Filed.
Groww’s ₹6,632.3 crore IPO marks a major step in its expansion strategy, combining technology investments with growth in financial services. With a strong digital presence and diversified offerings, the company is positioned to capitalise on India’s growing retail investment market.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 31, 2025, 5:47 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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