Groww founders opt out of OFS; Tiger Global trims share sale ahead of IPO
By
Binu Mathew
The founders of Billionbrains Garage Ventures, parent of online investment platform Groww, have decided not to sell any shares in its upcoming initial public offering (IPO), according to the company’s red herring prospectus.
Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh, who are also tagged as promoters, had earlier planned to offload one million shares each, as per the draft prospectus filed last month.
