Investment Firm Groww Raised $1.6 million
Bengaluru-based investment firm Groww has reportedly secured an amount of $1.6 million in a pre-series A funding round. The latest funding round was led by Insignia Ventures Partners, Lightbridge Partners, Kairos.
The funding round also witnessed the participation of existing investors such as Mukesh Bansal and Ankit Nagori. The company plans to use these funds so raised to make its technology strong and further build growth channels that might increase the scale of the company.
"We challenge ourselves every day with how to keep Groww simple for new investors while adding more products and functionalities. Our long-term goal is to make anything related to finance extremely simple and transparent for users while providing them the best user experience," said Lalit Keshre, co-founder and...