peak xv fund

Groww under scrutiny as proxy advisors raise cConcerns over ESOP, board appointments

Groww Under Scrutiny as Proxy Advisors Raise Concerns Over ESOP, Board Appointments

Citing concerns about governance and transparency, proxy advice firm Institutional Investor Advice Services (IiAS) has recommended against all five resolutions put forth by Groww's parent company, Billionbrains Garage Ventures Limited. The stockbroker is requesting shareholder approval for changes to the founders' rights to designate board directors and

Slashing 16% of its Biggest Fund, Peak XV

The growth-stage funding to the start-up ecosystem has slowed down dramatically over the previous two years, leading venture capital company Peak XV to reduce the size of its largest fund by sixteen percent. In May 2022, the company secured $2.85 billion for its ninth fund, and it will give