Groww

Making financial services simple, transparent and delightful.

groww.in

HQ: Bengaluru, India

Fintech

Company research

Public company, workplace, funding, and market signals

Updated Jul 29, 2026

Overview

Groww is an India-focused retail investing and wealth-tech platform offering self-directed investing across mutual funds, stocks, ETFs, IPOs, F&O, US stocks, credit, and newer wealth/asset-management products. It describes itself as India’s largest stock broker by active users and emphasizes simple, paperless, customer-first investing.

Primary product

Retail investing platform for mutual funds, stocks, ETFs, IPOs, F&O, and US stocks

Founded

2016

Headquarters

Vaishnavi Tech Park, South Tower, 3rd Floor, Sarjapur Main Road, Bellandur, Bengaluru 560103, Karnataka, India

Team size

1,000-2,000

Work style

Flexible

Industry

Financial Services

Sub-industry

Online brokerage / wealthtech / investment platform

Offices

Bengaluru-VTP (Vaishnavi Tech Park)

Mumbai-Lower Parel

Mumbai

GIFT City, India

Business model

brokerage and trading fees

mutual fund distribution

wealth management

asset management

consumer lending

Funding

Stage

late-stage / pre-IPO

Total raised

$593.2M

Latest round

Series F · Jun 2025

Latest amount

$200M

Series F

Jun 2025 · GIC

$200M

Strategic investment / Series E-II

Jan 2022 · Satya Nadella

Series E

Oct 2021 · ICONIQ Growth

$251M

Series D

Apr 2021 · Tiger Global Management

$83M

Series C

Sep 2020 · Y Combinator Continuity

$30M

Series B

Sep 2019 · Ribbit Capital

$21.4M

Series A

Jan 2019 · Sequoia India

$6.2M

Seed

Jan 2018 · Y Combinator / CureFit founders

Pre-Series A

Jan 2018 · Insignia Venture Partners

$1.2M

People & investors

Leadership

Gaurang Shah

Chairman

Lalit Keshre

Whole-time Director & CEO

Harsh Jain

Whole-time Director & COO

Neeraj Singh

Whole-time Director & CTO

Ishan Bansal

Whole-time Director & CFO

Roshan Dave

Company Secretary & Compliance Officer

Shiv Tallam

Head - Investor Relations & Corporate Development

Investors

Work & culture

Startup-like, fast-paced, and high-ownership culture with strong customer obsession, autonomy, experimentation, and lean-team execution. Official materials stress that employees own outcomes, can experiment and learn, and work against large-scale customer responsibility.

Work style

Flexible

Compensation

No official compensation grid was found. Public third-party employee reviews and employer profiles mention performance bonuses, equity/stock options, overtime compensation in some cases, and salary ranges for roles such as software developers. Reported benefits also include health/life insurance, parental leave, PTO, snacks, and learning support.

Benefits

flexible work schedule

remote work program

free snacks and drinks

performance bonuses

life insurance

pension plan

generous PTO

paid sick days

employee assistance program

generous parental leave

health insurance

office cab/shuttle

child care facility

training support / professional development

Product & market

Pricing

Self-directed investing platform with zero-commission direct mutual funds and transaction-based brokerage/fees on trading products; some newer wealth/credit products likely monetize via product and platform fees

Differentiators

—India’s largest stock broker by active users
—100% paperless account opening
—broad multi-product retail investing suite
—strong educational/content distribution (Digest, YouTube, AIKG)
—simple consumer UX and customer-first positioning
—rapid expansion into wealth, lending, and asset management
—public engineering blog and visible internal tooling

Technology

React

Next.js

TypeScript

Java

Spring Boot

Golang

Node.js

gRPC

Kafka

Kubernetes

Argo Workflows

Argo Events

ArgoCD

Helm

Terraform

OpenTelemetry

Prometheus

Mimir

Cloudflare Workers

MySQL

Customers

retail investors in India

first-time investors

mutual fund investors

stock traders

F&O traders

US stock investors

credit users

wealth-management clients

Competitors

Zerodha

Angel One

Upstox

ICICI Direct

Kotak Securities

5paisa

Paytm Money

INDmoney

ET Money

Kuvera

Scale & contact

Estimated revenue

USD 500M-600M (roughly ₹4,600-5,000 crore FY26)

Estimated monthly visits

26.2M

Traffic estimate as of Jun 2026

support@groww.in +91 9108800000

Signals & risks

Acquisition

May 2023

Acquired Indiabulls Mutual Fund / AMC and rebranded it as Groww Mutual Fund, expanding into asset management.

Source

Acquisition

Oct 2025

Completed acquisition of wealthtech platform Fisdom, marking an expansion into wealth management.

Source

Other

Apr 2025

Discontinued bill payments and mobile recharge services under Groww Pay, narrowing the payments business.

Source

Other

Jan 2026

Groww Pay Services’ RBI payment-aggregator licence was cancelled / surrendered in January 2026, indicating an exit from that business line.

Source

Latest news

Groww adds 115,000 active clients while broking industry loses 257,000 in June quarter

The Economic Times · Jul 2026

Groww said it added net active clients despite an industry-wide decline, while parent revenue and profits rose sharply in Q1 FY27.

Groww Q1 Results: Net profit spikes 94% YoY to Rs 735 crore; revenue jumps 66%

The Economic Times · Jul 2026

Groww reported FY27 Q1 consolidated net profit of Rs 735 crore and revenue of Rs 1,501 crore, up 94% and 66% YoY respectively, while also highlighting strength in newer products such as MTF and commodities.

Groww Q4 FY26 results: Operating revenue surges 87%, net profit more than doubles

The Economic Times · Apr 2026

Q4 FY26 revenue rose 87% YoY to Rs 1,505 crore and net profit more than doubled to Rs 686 crore; the company also disclosed its acquisition of Fisdom and continued investments in AI and lending.

Indian broker Groww's adjusted quarterly profit climbs on growing user base