Groww

Groww is an investment platform based in Bangalore, India. It was founded by Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal in May 2017. The founders are all former employees of Flipkart who founded Groww after noting the need for a simplistic, intuitive investment platform in India. Groww began as a direct mutual fund distribution platform. In 2020, the company began offering access to stocks, digital gold, exchange-traded funds (ETFs), Intraday trading, and initial public offerings (IPOs). As of 2021, Groww has over 1.5 crore (15 million) registered users in 900 cities. Groww participated in the YC W18 cohort of Y Combinator.

Groww's user interface has a simple design to make it easier for its users, who are largely millennials, to understand the world of investing. Groww offers zero-commission investing in direct mutual funds as well as one of the lowest brokerage charge rates for stock investing in India. Users can invest in mutual funds, including systematic investment planning (SIP) and equity-linked savings. Every fund currently available in India is available on Groww. The platform also provides access to digital gold, stocks (including ones based in the United States), and futures and options. In January 2022, Groww partnered with IDFC First Bank to offer credit lines to select users. The company plans to eventually enter the fields of insurance and neobanking.

Groww is a company that participated in the YC W18 cohort of Y Combinator and raised an estimated $1,600,000.

Groww is an India-based Y Combinator backed online investment platform. Headquartered in Bengaluru, Groww allows investors to open an account electronically and transact in mutual funds online. As of June 2018, Groww had partnered with 34 mutual fund houses and around 5000 mutual funds were available on the platform. Groww also provides a mutual fund explorer with information including past performance and stocks held.

Groww is an investment platform based in Bangalore, India. It was founded by Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal in May 2017. The founders are all former employees of Flipkart who founded Groww after noting the need for a simplistic, intuitive investment platform in India. Groww began as a direct mutual fund distribution platform. In 2020 the company began offering access to stocks, digital gold, exchange-traded funds (ETFs), Intraday trading, and initial public offerings (IPOs). As of 2021, Groww has over 1.5 crore (15 million) registered users in 900 cities. Groww participated in the YC W18 cohort of Y Combinator.

The app and its services are available free-of-charge to the customer, with direct mutual fund plans made available in April, 2018.

Groww was founded by former Flipkart employees Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal. It received seed capital from investors including Y Combinator, Mukesh Bansal and Ankit Nagori in January 2018. It raised further $1.6 million, in June 2018, in a pre-series A funding round from Insignia Venture Partners, America's Lightbridge Partners and Kairos fund.

Groww's user interface has a simple design to make it easier for its users, who are largely millennials, to understand the world of investing. Groww offers zero-commission investing in direct mutual funds as well as one of the lowest brokerage charge rates for stock investing in India. Users can invest in mutual funds including systematic investment planning (SIP) and equity-linked savings. Every fund currently available in India is available on Groww. The platform also provides access to digital gold, stocks (including ones based in the United States), and futures and options. In January 2022, Groww partnered with IDFC First Bank to offer credit lines to select users. The company plans to eventually enter the fields of insurance and neobanking.