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Investment App Groww Becomes India’s Latest Unicorn, Raises Funds At More Than $1 Billion Valuation

There were only 5 unicorn startups in India in 2015; cut to 2021, and India has birthed 4 unicorn startups in the last 3 days. Groww has become the fourth Indian startup to reach the $1 billion valuation this week, after Cred, Meesho and PharmEasy had also reached the milestone. “We started Groww almost five years back to make investing accessible and transparent to everyone in India. Over the years, Groww has diversified by also allowing users to invest in stocks, fixed deposits, gold and even US-based equities. Groww now claims to have 15 million users, and has opened about 2 million demat accounts.

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