Groww to Use IPO Proceeds for Technology, Brand, Margin Trade Funding, and NBFC Expansion
Published on: Oct. 31, 2025, 8:37 p.m. | Source: Republic World
Groww’s parent Billionbrains Garage Ventures plans to invest IPO proceeds in technology, brand building, margin trade funding, and NBFC loan against securities. With 85% revenue from broking and growing non-broking streams, management expects strong growth despite regulatory challenges in derivatives.
