{"id":971021,"date":"2025-11-01T07:30:44","date_gmt":"2025-11-01T02:00:44","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=971021"},"modified":"2025-11-01T07:38:24","modified_gmt":"2025-11-01T02:08:24","slug":"groww-to-channel-ipo-proceeds-into-tech-brand-nbfc-business-expansion-cfo-ishan-bansal","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/01\/groww-to-channel-ipo-proceeds-into-tech-brand-nbfc-business-expansion-cfo-ishan-bansal\/","title":{"rendered":"Groww to channel IPO proceeds into tech, brand, NBFC business expansion: CFO Ishan Bansal"},"content":{"rendered":"<p>Soon-to-be-listed popular investment platform Groww will utilise its IPO proceeds mainly on four things &#8211; technology investments, brand enhancement, capital for newly launched margin trade funding, and capitalisation 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.<\/p>\n<p>&#8220;There are four places under which the utilisation of these (IPO) funds will happen. One of them is technology, where we&#8217;ve been investing continuously. Second is brand, that is really important for us,&#8221; Bansal told ANI. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Soon-to-be-listed popular investment platform Groww will utilise its IPO proceeds mainly on four things &#8211; technology investments, brand enhancement, capital for newly launched margin trade funding, and capitalisation 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. &#8220;There are four places under which the utilisation of these (IPO) funds will happen. One of them is technology, where we&#8217;ve been investing continuously. Second is brand, that is really important for us,&#8221; Bansal told ANI.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-971021","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/971021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=971021"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/971021\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=971021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=971021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=971021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}