Fintech platform Groww on Saturday stated Microsoft CEO Satya Nadella has joined the corporate 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 co-founder and CEO Lalit Keshre stated on his Twitter deal with. However, he didn’t reveal the monetary particulars of the funding.
In October final 12 months, Groww had raised $251 million (round Rs 1,885 crore) in a funding spherical led by Iconiq Growth, which valued the mutual fund and inventory funding platform at $1 billion.
The funding spherical additionally noticed participation from buyers together with Alkeon, Lone Pine Capital and Steadfast.
The fintech unicorn’s current buyers Sequoia Capital, Ribbit Capital, YC Continuity, Tiger Global and Propel Venture had additionally participated. In April 2021, the corporate had raised $83 million (round Rs 615 crore) in a funding spherical led by Tiger Global.
Groww permits customers to spend money on shares, mutual funds, ETFs, IPOs, Gold and many others. Started in 2017, it claims to have greater than 15 million registered customers. WITH PTI
