CCI approves GIC's proposal to acquire 2% stake in IPO-bound Groww
CCI has cleared Singapore's sovereign wealth fund GIC's proposed acquisition of a 2.14 % stake in IPO-bound Billionbrains Garage Ventures, the parent of Groww. GIC is acquiring the stake through its affiliate, Viggo Investment. Viggo Investment is a special purpose vehicle and is wholly owned by Enterprise Holding, which in turn, is a wholly-owned subsidiary of GIC.