The PA licence will allow Bengaluru-based Groww to process online payments by itself. The licence was issued in the name of the company s subsidiary payment business Groww Pay.
Groww applies for corporate agent insurance licence - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The eleven-member jury chose the B2B venture, which is currently valued at about nearly $5 billion, over eyewear retailer Lenskart in a closely fought contest that included detailed discussions on the relative merits of both companies.