India, July 1 -- The Competition Commission of India has approved the proposed acquisition of shares of Billionbrains Garage Ventures Limited by Viggo Investment Pte. Ltd.

The proposed combination relates to the acquisition of 2.143% shareholding in Billionbrains Garage Ventures Limited (Groww) by Viggo Investment Pte. Ltd. (GIC Investor) pursuant to the execution of,inter alia, a Deed of Adherence and Share Subscription Agreement dated 28thApril 2025.

GIC Investor is an investment holding vehicle and is a wholly owned subsidiary of Enterprise Holding Pte. Ltd., which, in turn, is a wholly owned subsidiary of GIC (Ventures) Private Limited.

Groww is a company incorporated in India, which through its affiliates operates an online tradin...