India’s largest digital investment platform by active National Stock Exchange of India users, Groww, kicked off its highly anticipated IPO today, aiming to raise $754 million. Ahead of the public subscription, the company secured robust backing from anchor investors, a key pre-IPO event where large institutional buyers commit to shares, providing early validation and stabilising potential price swings after listing.
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Source : https://www.financeasia.com/article/indias-groww-launches-ipo-draws-strong-anchor-investor-support/505601
