India’s Groww launches IPO, draws strong anchor investor support

India’s largest digital brokerage Groww has opened subscriptions for its $754m IPO, marking one of the biggest listings of 2025. The Bengaluru-based firm secured strong anchor demand from top sovereign and institutional investors including GIC, ADIA and Norway’s wealth fund.

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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