
After reverse flip, Groww’s IPO set to bring its foreign backers blockbuster returns
Published on: Sept. 17, 2025, 10:34 p.m. | Source: The Financial Express
Groww’s Rs 7,000-crore IPO marks the first big Indian startup listing after a reverse flip from the US. The move promises blockbuster exits for global investors like YC, Ribbit, Tiger Global, and Peak XV, while co-founders retain strong stakes as the fintech posts sharp growth and profits.