India, Nov. 17 -- Lalit Keshre, cofounder and CEO of investment platform Groww, has become a newly-minted billionaire on the back of the company's strong stock market debut.

With Groww's shares soaring since listing, Keshre's 55.91 crore shares - a 9.06 percent stake - are now valued at about Rs.9,448 crore, placing his net worth around the $1-billion mark.

Groww made a remarkable entry into the public markets on 12 November, listing at Rs.100 a share and climbing more than 70 percent in just four sessions to reach Rs.169. The rally has pushed the fintech firm's market capitalisation beyond Rs.1 lakh crore.

It has also turned the co-founder and CEO of investment platform into a billionaire, according to a Moneycontrol report.

Lalit Ke...