Groww, India’s largest retail stockbroker ... capitalization having doubled to $5.3 trillion since 2019 and daily trading volumes tripling to $15 billion, the company is seizing the opportunity ...

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

“Zerodha contributes 20% to the retail trading volumes of stock exchanges in India. Groww’s active user base ... which they charge to brokers on a monthly basis. This fee constitutes the ...

Importantly, Groww ventured into stock trading as recently as 2020 ... away from passive funds because of lower commissions, fees and less return on investments. “A reason why the retail ...

Groww declined to comment. The trading app has pulled ahead of competitors in India’s crowded retail investing market. It had 13.2 million active users in December, compared with closest rival ...

Groww declined to comment. The trading app has pulled ahead of competitors in India's crowded retail investing market. It had 13.2 million active users in December, compared with closest rival ...

The Bengaluru-headquartered's listing would be the first IPO by a digital trading platform in India. The targeted valuation is more than double the $3 billion it was last valued at its funding round ...