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A minimalist design featuring three company logos: Groww, J.P. Morgan, and Kotak Mahindra Bank. The Groww logo is prominently displayed at the top, with the other two logos below it. The background is white with a blue border.

Groww Appoints JPMorgan and Kotak Mahindra for Upcoming IPO

Fintech unicorn Groww has appointed JPMorgan and Kotak Mahindra as lead bankers for its upcoming IPO, targeting $750 million. Founded in 2016, Groww has grown into India’s largest retail stockbroker. The IPO aligns with India’s booming capital market, with plans to expand its financial services offerings further.

By
ES
The image illustrates a Groww logo with a stock market graph, while a figure is shown struggling to push a tax burden uphill, symbolizing the challenges of tax management when investing.

Groww’s $160M Tax Payment: A Marker in India’s Startup Relocation Wave

Groww’s $160M tax payment as it shifts its headquarters from the U.S. back to India signals a larger wave of startup relocations. Amid India’s booming IPO market and favorable regulations, many startups are choosing to return, driven by the promise of better growth opportunities and regulatory alignment.

By
ES
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