ReferIndia News Groww to channel IPO proceeds into tech, brand, NBFC business expansion: CFO Ishan Bansal

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Groww to channel IPO proceeds into tech, brand, NBFC business expansion: CFO Ishan Bansal

Published on: Oct. 31, 2025, 6:35 p.m. | Source: The Tribune

Soon-to-be-listed popular investment platform Groww will utilise its IPO proceeds mainly on four things - technology investments, brand enhancement, capital for newly launched margin trade funding, and capitalization of its NBFC business through loan against securities, Ishan Bansal, Whole-Time Director and Chief Financial Officer of Billionbrains Garage Ventures Limited, the parent company, said.

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