Skip to content
Search

Latest Stories

Submit Guest Post

Satya Nadella joins India's Groww as investor, adviser

Satya Nadella joins India's Groww as investor, adviser

TIGER GLOBAL-backed Groww said Microsoft chief executive officer Satya Nadella has joined the company as an investor and advisor.

"Groww gets one of the world's best CEOs as an investor and advisor. Thrilled to have @satyanadella join us in our mission to make financial services accessible in India," Groww's co-founder and CEO Lalit Keshre tweeted on Saturday (8).

However, he didn't disclose the financial details of the investment.

Groww had raised $251 million (£184.76m) in October last year in a funding round led by Iconiq Growth, which valued the mutual fund and stock investment platform at $1 billion (£740m).

The funding round also saw participation from investors like Alkeon, Lone Pine Capital and Steadfast.

Groww's existing investors Sequoia Capital, Ribbit Capital, YC Continuity, Tiger Global and Propel Venture also participated.

In April 2021, the digital firm had raised $83m (£61m) in a funding round led by Tiger Global.

Groww enables users to invest in stocks, mutual funds, ETFs, IPOs and Gold.

Started in 2017, it claims to have more than 15 million registered users.

Add EasternEye As Your Trusted Source
preferred source on google news

More For You

NatWest

The filings show NatWest provided funding to Castor Financing, a business that financed Amplifi, between 2023 and 2025.

AFP via Getty Images

NatWest financing tied to Amplifi before consumer lender's collapse: Report

NATWEST helped fund London-based consumer credit firm Amplifi Capital with up to £250 million before the company entered insolvency last month, according to company filings reviewed by Reuters.

The filings show NatWest provided funding to Castor Financing, a business that financed Amplifi, between 2023 and 2025. The links, which have not previously been reported, highlight how banks have provided funding to non-bank financial institutions (NBFIs) as regulators continue to examine risks linked to the sector.

Keep ReadingShow less