How Groww’s tax bill & loss is a result of ‘relocating’ to India TOI TECH DESK — Times of India

Fintech startup Groww reported a net loss of Rs 805 crore for FY24 due to a Rs 1,340 crore tax payout from moving its parent entity to India. Despite this, Groww’s operational profit rose to Rs 535 crore.Fintech startup Groww reported a net loss of Rs 805 crore for FY24 due to a Rs 1,340 crore tax payout from moving its parent entity to India. Despite this, Groww’s operational profit rose to Rs 535 crore. …Read More