Groww customers with active trading accounts can trade in commodities such as crude oil, gold, silver and natural gas through the MCX from 9 am to 11:30 pm, according to information available on the stock broking platform’s website.
SoftBank Group Corp.-backed Lenskart plans to launch an IPO worth about $900 million, while Billionbrains, the parent of India’s largest investment platform Groww, is targeting $750 million
Groww reported a three-fold growth in profit to Rs 1,819 crore in FY 25, according to regulatory filings. It also reported a 31 percent growth in revenues at Rs 4,056 crore during FY 25.
The list of technology companies planning to tap the IPO markets includes companies such as Groww, Lenskart, Meesho, Pine Labs, Fractal Analytics and PhysicsWallah.
According to data disclosed in the draft documents of Groww and Anand Rathi Share & Stock Brokers, the total share of discount broking firms has jumped to nearly 80% from just around 38-40% in FY20
As per AMFI data, 6 million new SIPs were created in India in June 2025, while Groww created 2 million new SIPs during the period, implying that around 33 percent of all new SIPs were created on the company’s platform.
Groww's Rs 7,000 crore IPO at $9 billion valuation presents a classic case study of high client growth versus revenue efficiency
The one-time incentives to the management were expensed in FY24 and paid-out in FY25, and cost normalised in FY25.
In Q1 FY26 Groww's revenue came in at Rs 904.3 crore. Active client growth of 35.5% in FY25 outpaced most listed peers. .
On this episode of Tech 3 podcast, we bring you details about one of India’s most awaited fintech IPO, Groww, a wild story about a former CFO of Gameskraft, why American companies continue to set up shop in India, Nothing’s Nikhil Kamath connection and why Blackbuck founder Rajesh Yabaji is frustrated with the infamous ORR Tech corridor in Bengaluru.
Bengaluru-based broking firm Groww is likely to finalise the IPO price band by the middle of October and is aiming at a November listing.
Initially, Groww, which is looking at a November market debut, was targeting a valuation of $7-8 billion but a strong FY25 and a healthy Q1FY26 could result in a higher valuation, sources have told Moneycontrol
Backed by Microsoft Corp. Chief Executive Officer Satya Nadella, Groww is seeking to raise between $650 million and $800 million at a valuation of up to $8 billion
NCDEX is raising Rs 770 crore ($87 million) by selling shares to a group of 61 investors
The offering is expected to value the Bengaluru-based fintech at $7–8 billion, marking a major milestone in India’s startup and financial services ecosystem.
An in-house agentic AI model has access to all of customer data, investment patterns, risk profile and a vertical specialisation trained on platform data, effectively making them a better product than the popular generic AI models
The Bengaluru-based broker had signed an agreement to acquire wealth management platform Fisdom, subject to Sebi approvals.
At least four major platforms including Groww, Zerodha, Paytm Money, and Upstox now offer mutual funds in demat form, with Groww making it the default in 2025.
The overall impact on broking business is expected to be minuscule, as the decline in the user base of Groww, Zerodha, and Angel One was only around 5 percent of their active investors
Groww acquired the mutual fund business of Indiabulls in May 2023, which had an AUM of Rs 342 crore
Meesho, Groww and Razorpay are among a wave of Indian startups unwinding US-based corporate structures to meet regulatory norms and list locally here in India.
Both companies are getting 1.4 percent stake for Rs 867 crore each, in a cumulative fund raise of Rs 1,735 crore (around $200 million).
Broking firms are bracing for higher taxes on trading during the current fiscal, have been earning lower exchange rebates since the middle of the last fiscal, and are facing stricter restrictions on retail F&O trading since late last year
The current funding is part of the $300million Series F round where GIC has also put in $150 million
Moneycontrol had exclusively reported on May 15 that Groww was set to file confidentially for an IPO with SEBI within two weeks, and was simultaneously raising $150 million from Singapore-based GIC as part of a $250–300 million pre-IPO round.