The Bengaluru-based firm has appointed JPMorgan Chase and Kotak Mahindra Bank to handle its IPO. The company could target a valuation between $7 billion and $8 billion through this IPO, sources ...

Groww targets a $1 billion IPO with a potential $10 billion valuation, enlisting five top banks for the process. Draft ...

It had 13.2 million active users in December, compared with closest rival Zerodha’s 8.1 million users, according to National Stock Exchange data. Groww is adding between 325,000 to 550,000 new u ...

Billionbrains Garage Ventures, the parent company of India’s leading retail stockbroker and trading platform Groww, has ...

As of December, Groww boasted 13.2 million active users, significantly eclipsing its closest competitor, Zerodha, which had 8.1 million active users. Groww is now seeking a valuation between $6 ...

Indian Stock Markets: Metropolitan Stock Exchange of India Ltd will see investments by Billionbrains Garage Ventures ( parent company of Groww), Zerodha’s Kamath brothers Fund Rainmatter ...

Groww, Angel One, and Zerodha. These platforms have solidified their dominance, driving a significant portion of the market's investor expansion. By December 2024, the NSE’s active investor base ...

In terms of active users, the platform maintained fourth position with 2.89 million active users (as on December 2024) and a ...

The company — which competes with startups such as Zerodha, Groww and Upstox — reported a third-quarter profit that rose 8% to 2.81 billion Indian rupees ($32.4 million) from a year earlier.

This move comes as regulatory changes affect the derivatives trading space, impacting revenues of brokers like Groww and its competitor, Zerodha.