Groww , India’s largest retail brokerage firm, is set to test the country’s public markets with a multi-billion-dollar IPO. The listing comes comes just over a year after the company restructured its corporate headquarters from Delaware back to India — a move that could make it the first Indian startup to list at home following a relocation from the U.S.

Backed by Microsoft CEO Satya Nadella and marquee investors including Y Combinator, Ribbit Capital, and Tiger Global, Groww’s listing — expected later this year — is set to double as a major exit opportunity for global venture funds. The three investment firms are offloading about 236 million shares — roughly 5.6% of Groww’s total equity base — per the draft IPO documents filed on Tuesday. That makes them the single largest selling b

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