Mumbai, Oct. 30 -- Online stockbroking platform Groww's public debut next month could hand its early backers some of the most lucrative venture exits in Indian fintech, according to a Mint analysis. The Bengaluru-based firm, now India's largest online broker by active retail users, is set to launch a Rs.6,632-crore initial public offering that values it at about $7 billion ( Rs.62,000 crore).

With regulators tightening rules around derivatives trading and new investor sign ups slowing, Groww's IPO comes at a sensitive time and will determine whether it can ride India's growing interest in financial markets. Broadly, several fintechs including Razorpay, PhonePe, Moneyview, Fibe and Turtlemint are in various stages of preparing for a publi...