Groww, backed by Satya Nadella, set to become first Indian startup to go public after U.S.-to-India move

Groww, India’s largest retail brokerage firm, is set to test the country’s public markets with a multi-billion-dollar IPO. The listing comes comes just over a year after the company restructured its corporate headquarters from Delaware back to India — a move that could make it the first Indian startup to list at home following a relocation from the U.S.

Backed by Microsoft CEO Satya Nadella and marquee investors including Y Combinator, Ribbit Capital, and Tiger Global, Groww’s listing — expected later this year — is set to double as a…