Satya Nadella-Backed Groww Set to Make History as First Indian Startup to Go Public After U.S.-to-India Shift
Satya Nadella-Backed Groww Set to Make History as First Indian Startup to Go Public After U.S.-to-India Shift Groww Prepares for Landmark IPO: A Win for Indian Fintech and Investors The Indian fintech landscape is abuzz with anticipation as Groww, the popular investment platform backed by Microsoft CEO Satya Nadella, is reportedly gearing up for an Initial Public Offering (IPO) on Indian soil. According to recent reports, Groww is poised to become the first Indian startup to list on the Indian stock exchanges after relocating its domicile from the U.S. to India. This move marks a significant milestone for the Indian startup ecosystem, signaling a growing confidence in domestic markets and regulatory frameworks. Why is Groww's IPO So Significant? Groww's potential IPO is more than just another company going public; it represents a maturing of the Indian startup scene and a shift in investment strategy. Here’s why it’s making headlines: Confidence in the Indian Market: By choosing to list in India after redomiciling, Groww is demonstrating strong faith in the Indian stock market and its lon…