Groww

Groww retains top spot in brokerage race despite dip in users

Groww retains top spot in brokerage race despite dip in users

11 Jul 2025, 17:32 PM

Zerodha, led by the Kamath brothers -- Nithin Kamath and Nikhil Kamath, also held on to its second spot with a 15.58% market share and 7.58 million users.

IPO-bound Groww records Rs 1,820 crore net profit; raises fresh capital

IPO-bound Groww records Rs 1,820 crore net profit; raises fresh capital

13 Jun 2025, 13:16 PM

The stock-broking firm saw its net profit reaching Rs 1,819 crore in FY25, compared to a net loss of Rs 798.76 crore in FY24.

Stock broker Groww files IPO papers via confidential route

Stock broker Groww files IPO papers via confidential route

26 May 2025, 20:56 PM

Groww has filed the pre-filed DRHP with Sebi and the stock exchanges in relation to the proposed initial public offering.

Groww agrees to acquire Fisdom in $150 million all-cash deal

Groww agrees to acquire Fisdom in $150 million all-cash deal

19 May 2025, 16:18 PM

The acquisition, which is pending regulatory approval from Sebi, is expected to finalise within two to three months.

Singapore’s GIC seeks CCI approval to pick 2.1% stake in Groww

Singapore’s GIC seeks CCI approval to pick 2.1% stake in Groww

19 May 2025, 15:45 PM

This development comes as Groww prepares for a pre-IPO fundraising round aiming to secure approximately $200 million.

Groww pays Rs 34 lakh to settle SEBI case linked to tech glitch

Groww pays Rs 34 lakh to settle SEBI case linked to tech glitch

19 May 2025, 15:03 PM

The case stemmed from a technical glitch that occurred on January 23, 2024, which rendered Groww’s brokerage services inaccessible during trading hours.

Groww gets CCI approval to issue bonus shares to Peak XV, Tiger Global, others

Groww gets CCI approval to issue bonus shares to Peak XV, Tiger Global, others

02 Apr 2025, 13:56 PM

The proposed transaction also includes the elimination of differential voting rights held by Groww’s founders.

Stock broker Groww in talks to acquire wealth-tech platform Fisdom

Stock broker Groww in talks to acquire wealth-tech platform Fisdom

13 Mar 2025, 18:00 PM

The talks between Fisdom and Groww are early as the stock broking major is also in negotiations with a few other firms for a potential investment or acquisition.

Groww plans entry into wealth management space under brand

Groww plans entry into wealth management space under brand 'W'

12 Mar 2025, 19:54 PM

The new unit will cater to high-net-worth individuals by offering portfolio management services and alternative investment funds to its 15 million users.

Upstox reports 8x jump in net profits in FY24

Upstox reports 8x jump in net profits in FY24

03 Feb 2025, 15:28 PM

Upstox's revenue from operation grew to Rs 1311 crore in FY24, compared to Rs 1050 crore in FY23.

Stock broker Groww picks bankers for IPO at $8 billion valuation: report

Stock broker Groww picks bankers for IPO at $8 billion valuation: report

22 Jan 2025, 17:47 PM

The company is expected to proceed with an IPO this year, and may seek to raise $750 million or more at a valuation of $7-$8 billion.

Scammers impersonate investment apps amid rising fraud

Scammers impersonate investment apps amid rising fraud

09 Dec 2024, 15:13 PM

Scammers are on the rise, targeting trusted names like Paytm Money, Zerodha, Groww, and Aditya Birla with fake apps designed to deceive investors.

Groww’s valuation falls below $2 billion due to domicile shift back to India

Groww’s valuation falls below $2 billion due to domicile shift back to India

21 Nov 2024, 18:44 PM

If a report is to be believed then Razorpay - which is also planning to move its domicile to India - may see a similar 30-40% cut in fair market value.

Fintech Highlights

  1. NBFC CredRight raises $10 million in Series B funding

  2. Paytm approves investments in Paytm Money, Paytm Services, discontinues real money gaming biz

  3. Payments Council of India reappoints CCAvenue's Vishwas Patel as chairperson

  4. Avanse Financial Services raises $200 million in debt via ECB

  5. Motilal Oswal Mutual Fund hikes stake in Paytm
  6. Read more news...

AI/Emerging Tech

  1. Elon Musk’s xAI, X sue Apple and OpenAI over antitrust claims

  2. OpenAI appoints ex Coursera exec Raghav Gupta as education vertical head for India, APAC

  3. Meta strikes licensing deal with Midjourney

  4. OpenAI warns against unauthorized investment vehicles

  5. Google inks cloud computing deal worth $10 billion with Meta
  6. Read more news...

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality