Esop windfall: Groww IPO to unlock employee wealth worth Rs 2,500 crore
By
Binu Mathew
The upcoming initial public offering (IPO) of online investment platform Groww is set to unlock employee wealth to the tune of Rs 2,400-2,500 crore, according to the company’s red herring prospectus.
This wealth creation reflects the sharp jump in Groww’s valuation, with the Bengaluru-based fintech firm now seeking a valuation of nearly $8 billion through its market debut.
