FinTech firm Groww raises Rs 220 Cr in Series C

Groww has raised $30M in series C round, led by YC Continuity. This is its first investment in India. Existing investors Sequoia India, Ribbit Capital and Propel Ventures also participated in this round. Groww will use this investment to bolster its tech infra, expand its product suite and hire top talent across product and growth divisions. They will also employ this investment to fuel their pan-India financial education initiative “Ab India Karega Invest”.

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