CCI Gives Nod to Viggo Investment’s Minority Stake Acquisition in Groww’s Parent Company:

CCI Gives Nod to Viggo Investment’s Minority Stake Acquisition in Groww’s Parent Company:

Daily Current Affairs   /   CCI Gives Nod to Viggo Investment’s Minority Stake Acquisition in Groww’s Parent Company:

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Category : Business and economics Published on: July 04 2025

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The Competition Commission of India approved Viggo Investment Pte. Ltd.'s acquisition of a 2.143% stake in Billionbrains Garage Ventures Limited, the parent company of Groww. The deal, part of a Share Subscription Agreement dated April 28, 2025, aims to boost foreign participation in India’s growing fintech sector.

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