Groww co-founder and CEO Lalit Keshre has become the newest billionaire to officially join India’s billionaire club after the company’s strong stock market debut led to skyrocketing share price.

Groww’s stock listed on November 12 at Rs 100 a share and has increased over 70% within only four trading sessions. With this, the firm’s market value has surpassed Rs 1 lakh crore, becoming one of the strongest listings seen in recent years.

The fintech firm was launched in 2016 with a generic idea to make investing simple for youngsters in India. After its share price soared, it is now among India’s most valuable fintech companies, which has in turn pushed Lalit Keshre’s net worth beyond the Rs 9,000 crore mark.

Four former Flipkart employees, Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj

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