Microsoft CEO Satya Nadella-backed Groww to file for $800 million IPO

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Groww’s parent, Billionbrains Garage Ventures, plans to file for a $650–800 million IPO in Mumbai, aiming at an $8 billion valuation, backed by Satya Nadella. If successful, Groww will surpass Angel One as India’s most valuable brokerage.

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Polycab shares slide 17% in 3 months amid Ultravolt shock, but Jefferies sees 33% upside. What’s behind the bullish view?

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