India, Nov. 4 -- Fintech major Groww has raised INR 2,984.5 Cr from anchor investors as its initial public offering (IPO) opens for bidding later today. Anchor investors subscribed to 29.84 Cr equity shares of the company at a price of INR 100 apiece.

Of these, 13.90 Cr equity shares, or 46.6% of the anchor round, were lapped up by 17 domestic mutual funds, including HDFC, Kotak, SBI, Axis Bank, Aditya Birla Sun Life, Motilal Oswal, and Mirae Asset.

Besides, other investors who participated in the anchor round included Goldman Sachs, Societe Generale, ADIA (Abu Dhabi Investment Authority), Government of Singapore, MIT (Massachusetts Institute of Technology), Steadview Capital, Ghisallo Capital Management, and Founder Collective.

The th...