SEBI clears Groww IPO paving way for $1 billion fintech listing:

The Securities and Exchange Board of India (SEBI) has approved the Initial Public Offering (IPO) of online investment platform Groww, enabling its public listing estimated to raise $1 billion. Valued between $7–8 billion, this IPO is set to be one of the largest fintech listings in India. With over 12 million active clients and consistent financial growth, the listing reflects strong investor confidence in India’s digital financial ecosystem.