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GROWW ACTIVE TRADERS
Listed brokers, exchanges rake in profits even as war clouds lingerIndia's listed brokers and exchanges reported robust March quarter earnings, driven by a surge in Margin Trading Facility (MTF) and a favor...
Ahead of Market: 10 things that will decide stock market action on ThursdayDomestic equity benchmarks ended marginally higher after four sessions of losses, supported by gains in metal, energy and consumer stocks. ...
New-age wealthtech startups Trackk, Zomint in talks to raise funding from Z47, Lightspeed, othersYoung Indian investors are attracting VC attention as Gen Z-focused wealthtech firms like Trackk and Zomint are in advanced talks to raise ...
Ahead of Market: 10 things that will decide stock market action on TuesdayThe Nifty 50 and BSE Sensex rebounded on broad-based buying led by pharma, IT, auto and metals. Volatility eased, while analysts signalled ...
Competition doesn’t limit growth in India: Groww’s Lalit Keshre on building a full-stack wealth platformAfter steering Groww to a blockbuster IPO in under a decade, Keshre was named Entrepreneur of the Year at The Economic Times Awards for Cor...
Groww Q4 FY26 results: Operating revenue surges 87%, net profit more than doublesBillionbrains Garage Ventures, operating Groww, saw operating revenue surge 87% to Rs 1,505 crore in the March quarter of FY26. Full-year r...
Zerodha turns its ‘Coin’ into a passive wealth management hubZerodha is expanding its Coin platform into a comprehensive one-stop shop for passive wealth management, now including fixed deposits along...
Oracle cuts 20% of India staff; War jitters stall fintech IPOsHappy Thursday! Oracle’s global job cuts have impacted 10,000 employees in India. This and more in today’s ETtech Morning Dispatch.
Sahi eyes $80 million from Accel Growth, Bessemer, othersNew-age stock trading platform Sahi, cofounded by Swiggy’s former chief technology officer Dale Vaz, is in advanced talks to raise $60-80 m...
Groww’s Q2 revenues drop 9.5% to Rs 1,018 crore, but net profit up 12%Groww’s operating revenue for the September quarter declined 9.5% year-on-year (YoY) to Rs 1,018 crore, but its net profit went up 12% to R...
Groww’s 10-year journey to an IPO: From mutual fund seller to stock market leaderWhile startups have been queuing up to join the public markets, Bengaluru-based Groww, founded in 2016, will be one of the youngest Indian ...
IPO-bound Groww launches commodities trading services on platformStock broker Groww on Thursday rolled out commodities trading on its platform, as it continues diversifying its wealth and capital markets ...
Groww in talks to rack up pre-IPO funding at $6.5 billion valuationSingapore’s sovereign wealth fund GIC, existing investor Tiger Global tapped, according to sources in the know. Groww, which started as a d...
Upstox FY24 revenue up 25% to Rs 1,311 crore, net profit at Rs 190 croreUpstox competes with the likes of Groww and Zerodha. It had around 2.8 million active traders as of November 2024, according to data from t...
Stock broking startup Groww in talks for IPO valuing it at $6-8 billion: sourcesStock broking platform Groww is in talks with investment banks regarding an upcoming IPO, targeting a $6-8 billion valuation. The Bengaluru...
Groww extends lead over Zerodha, adds a million active traders in December quarterGroww, backed by Peak XV and Tiger Global, has extended its lead in active clients. According to NSE data, Groww ended 2023 with 7.6 millio...
Groww to stop US stock trading services, app hit by technical glitchesStock broking platform Groww has stopped offering services for US stocks due to a tax collected at source. Around 2,000 users who joined in...
Groww goes past Zerodha, becomes India's biggest stockbroker with 6.6 million active usersIn terms of active clients, Groww is now at the top with 6.6 million users, followed by Zerodha, which has 6.4 million active users.
Groww posts massive jump in FY23 revenue, but expenses climb tooAt Rs 1,294 crore, Groww’s total revenue shot up 252%, while profits increased to Rs 73 crore.
Groww likely to pip Zerodha in active investor count this monthGroww added almost a quarter million new active users in August, one of the people said. In July this number was 330,000. Zerodha, on the o...