The initial public offering (IPO) of online investment platform Groww has seen encouraging traction in the first two days of subscription, indicating sustained investor interest in India’s rapidly expanding digital financial services sector. According to market data, the issue has been oversubscribed by 1.1X as of Day 2, with particularly strong participation from retail investors and existing users of the platform. The offering, which includes a mix of fresh shares and an offer-for-sale component, is seen as a key milestone in the journey of one of India’s most influential investment technology firms.
Groww, which began as a mutual fund distribution startup, has evolved into a full-stack i
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