Groww Raises $30 Million Series C

Groww, an investment app based in India, announced it raised $30 million in Series C funding. The company aims to simplify investment for Indian millennials and has now raised a total of $59 million.

Investors

The Series C round was led by Y Combinator’s growth stage investment fund, YC Continuity. Participating investors included existing investors Sequoia India, Ribbit Capital, and Propel Ventures.

Groww Use of Funds

The investment will help Groww accelerate towards its goals of providing the best experience for investors to manage their wealth.

About Groww

Groww was founded by Lalit Keshre, who is also its CEO. The company's mission is to make investing easy, transparent, and fast. Its mobile application allows users to invest in all Mutual Funds, Stocks, and Exchange Traded Funds available in India. Groww has also launched a 'New Fund Offering' for new investment company funds and recently added a feature that enables users to invest in the US stock market. The company conducts workshops across smaller cities to educate people about investment and wealth management.

Funding Details

Company: Groww
Raised: $30 Million
Round: Series C
Funding Date: May 5, 2026
Lead Investor: YC Continuity
Additional Investors: Sequoia India, Ribbit Capital, Propel Ventures
Software Category: Investment App
Company Website: https://groww.in
Source: https://www.siliconindia.com/startup/startup-funding/investment-app-groww-raises-30-million-in-series-c-funding-nwid-24966.html