Fintech platform Groww enters the unicorn club
The startup raised $83 Million in series D funding, valuing it above $1 Billion
The funding round was led by Tiger Global, Sequoia India, YC Continuity, Ribbit Capital and Propel Venture Partners
Groww allows investors to open an account electronically and transact in mutual funds and stocks online
The startup currently has more than 1.5 crore users
Groww is the fourth Indian startup to join the unicorn club this week after Meesho, CRED & PharmEasy
In India, Groww competes with the likes of Zerodha, Upstox and Paytm Money
