India's largest online discount brokerage is set to submit its prospectus next week, with Microsoft's CEO among its shareholders.

India's largest online brokerage Groww plans to submit its IPO documents next week, aiming to raise $6.5 to $8 billion, with a potential valuation of up to $80 billion. By this estimate, the company is set to easily become the highest valued brokerage in India after going public. Groww's major shareholders include Microsoft CEO Nadella, Sequoia Capital, and Tiger Global, among other well-known investors.