Core Insights - India's largest investment platform Groww is set to go public, with plans to raise between $650 million to $800 million and a potential valuation of up to $8 billion [1] - If regulatory approval is granted to lower the minimum public shareholding requirement, the IPO size may be adjusted accordingly [1] - Groww currently has 12.07 million active users on the National Stock Exchange of India, representing 26% of the total user base [1] Company Overview - Groww was founded in 2017 by four former employees of e-commerce company Flipkart, aiming to simplify investment for the nearly 200 million Indians with investable income [2] - The platform started with mutual fund distribution and expanded to stock trading in 2020, later adding services like digital gold, intraday trading, and IPOs [2] - Microsoft CEO Satya Nadella is a notable supporter of Groww, serving as an investor and advisor, although specific financial details have not been disclosed [2] Investment Backers - Major investors in Groww include Sequoia Capital (India), Y Combinator, Tiger Global Management, and Ribbit Capital [3]