Groww Cofounders To Launch ₹500 Cr Fund To Back Consumer, Deeptech Startups

Discount brokerage Groww’s cofounders are planning to launch a second fund with a target corpus of ₹400 Cr to ₹500 Cr to back seed and early-stage startups. A report by ET, citing sources, said the fund will back ventures in the consumer internet and deeptech sectors. Groww’s cofounders – CEO Lalit Keshre, CFO Ishan Bansal, COO Harsh Jain, and CTO Neeraj Singh – will serve as the fund’s general partners.