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GROWW CLIENT COUNT
Infosys Q4 profit spikes; Flipkart mulls separate app for MinutesInfosys closed FY26 with strong numbers aided by a pickup in demand from its banking, energy and communication segments. This and more in...
Groww, world’s most expensive broking stock, to face earnings test today after doubling from IPO priceBillionbrains Garage Ventures (Groww) is set to report earnings Monday, with investors questioning whether its rich valuation is justified....
From challenger to leader: How Groww pipped its rival Zerodha to become India's largest investment platformGroww has surpassed Zerodha in active user count, capturing a significant market share by targeting first-time investors and underserved ci...
Groww announces IPO dates as regulatory uncertainty looms over stock brokersGroww IPO Dates: Groww, a leading online brokerage, is set to launch its Initial Public Offering in the first week of November. The IPO aim...
Groww founders boost stakes ahead of November IPORegulatory filings seen by ET show the four cofounders of Billionbrains Garage Ventures, Groww’s parent entity, increased their combined st...
Groww set to file revised draft IPO papers next weekOnline investment platform Groww is gearing up to file an updated draft red herring prospectus (DRHP) with the Securities and Exchange Boar...
Groww triples FY25 profit to Rs 1,819 crore; closes fresh funding at $7 billion valuationBengaluru-based fintech closes $200 million funding round led by Singapore’s GIC ahead of IPO. The fundraise also saw participation from ex...
October logs lowest demat account additions in FY25India witnessed its lowest monthly increase in demat accounts this financial year, adding 3.5 million in October, as market volatility, fue...
Demat accounts: Groww market share crosses 25%, Zerodha continues to loseAccording to Motilal Oswal, the market share of Groww stood at 25.1% after rising 41 bps MoM. At the same time, Zerodha's market share went...
Demat accounts surge to 16.2 crore, 42 lakh new accounts added in June: Motilal OswalIn June 2024, CDSL continued to gain market share in terms of the total number of demat accounts. It raised its overall market share MoM. O...
Overall ADTO declines MoM as new demat accounts rise: Motilal OswalIn May 2024, demat account additions surged by 36 lakh, but the overall average daily turnover (ADTO) in the financial markets declined by ...
ICICI Direct trading platform hit by technical glitchICICI Direct, India's fifth largest broker, faced a technical glitch, affecting traders' access. Initially, a maintenance message appeared,...
Demat account additions flat at 31 lakh in April. Overall tally rises to 15.40 croreThe number of Demat accounts increased by 31 lakh in April to 15.40 crore accounts with month-on-month (MoM) growth remaining flat and in l...
Zerodha, 4 other discount brokers widen lead in active clients vs traditional brokers in AprilTop five discount brokers expanded their lead over traditional ones in active clients on NSE, reaching 63.9% share in the previous month, u...
Demat accounts cross 15-crore mark for first time after 31 lakh additions in MarchWhile CDSL maintained its market share in terms of total Demat accounts, it saw a month-on-month increase. NSDL saw a decrease of 390bps in...
43 lakh new demat accounts added in February, total count now stands at 14.80 croreCentral Depository Services (India) Limited continued its market dominance gaining market share in February 2024 in terms of the total numb...
Zerodha, Groww together control almost 40% market share of stock broking industryThe latest data from NSE shows that Groww, backed by the likes of Sequoia Capital and Tiger Global, is now the largest player in the indust...
Zerodha’s Nithin Kamath pegs stock broking firm’s valuation at $3.6 billionOn September 26, Zerodha announced total revenue of Rs 6,875 crore for the financial year ended March 31, and a profit after tax (PAT) of R...
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...
Incremental demat a/c additions slip 18% MoM to 16L in April versus 19L in MarchThe growth rate in incremental demat account additions slowed down by 18% in April, falling to 16 lakh accounts compared to 19 lakh the pre...