Lalit Keshre, cofounder and CEO of investment platform Groww, has become a newly-minted billionaire on the back of the company’s strong stock market debut.

Lalit Keshre, cofounder and CEO of investment platform Groww, has become a newly-minted billionaire on the back of the company’s strong stock market debut.

With Groww’s shares soaring since listing, Keshre’s 55.91 crore shares — a 9.06 percent stake — are now valued at about ₹ 9,448 crore, placing his net worth around the $1-billion mark.

Groww made a remarkable entry into the public markets on 12 November, listing at ₹ 100 a share and climbing more than 70 percent in just four sessions to reach ₹ 169. The rally has pushed the fintech firm’s market capitalisation beyond ₹ 1 lakh crore.

It has also turned the co-founder and C

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