Groww co-founder and CEO Lalit Keshre, in his first letter to shareholders following the company’s public listing, outlined a long-term roadmap anchored in customer growth, steady product expansion and a technology-led investing experience. The letter marks Groww’s first formal communication to public-market investors.
Keshre opened by thanking shareholders for their “belief” in the company, reiterating that Groww’s mission since inception has been to make investing “simple, transparent and delightful.” Despite operating for more than nine years, he said the platform is “not even 1 percent into its journey,” underscoring the scale of its ambitions.
The CEO emphasised the company’s customer-first philosophy, noting that its growth has been shaped by user trust, strong word of mouth and an emphasis on intuitive product design. Customer growth will remain the company’s “top priority,” the letter said, adding that higher adoption across products has historically strengthened user retention.
Groww has added more than 10 products across investing and wealth solutions in recent years, each developed in response to customer demand. “As customers grow in their lives, we forge deeper relationships with them,” Keshre wrote. “They might start with one product, but then they need many more.” He indicated that “tens more” products are in the pipeline as part of the company’s long-term expansion strategy.
Keshre also highlighted compounding of products, trust and wealth as a central guiding principle, cautioning that business progress may not always translate into predictable quarterly financial outcomes.
Positioning Groww within India’s broader financialisation trend, Keshre described India as a “country sprinting ahead,” while noting that the share of Indians investing through markets remains “very small.” The company aims to “bring millions across the country to participate in our nation’s growth and build wealth,” he said.
Keshre concluded by thanking shareholders for joining Groww “on this journey to build India’s largest investing and wealth platform.”
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