US-based Y Combinator, Propel Venture Partners and Kauffman Fellows participated in the funding round. : Online direct mutual funds investment platform Groww has raised $6.2 million in series A round of funding led by Sequoia Capital India. The company that caters to millennial investors will use the funds to build technology and launch new products, it said in a statement. US-based Y Combinator, Propel Venture Partners and Kauffman Fellows also participated in the round.