Groww Key Metrics
Total Funding
$393M
in 8 rounds
Latest Funding Round
Undisclosed
Angel, Jan 08, 2022
Post Money Valuation
$3B
as on Oct 25, 2021
Investors
Y Combinator
& 21 more
Ranked
1st
among 65 active competitors
Annual Revenue
₹1,300Cr ($162M)
as on Mar 31, 2023
Employee Count
593
as on May 31, 2024
Investment & Acquisitions
Nimbbl
& 3 more
Similar Companies
Scalable Capital
& 250 more
Groww - About the company
What does Groww do?
App-based trading and investment platform for multiple markets. It allows users to invest and trade in stocks, futures and options, mutual funds, and more. It offers technical charts to track the market movement by analyzing candlestick charts, a screener with advanced sort and filter options, stock news, financials, and more. It also offers personal loans for users.
Which sectors and market segments does Groww operate in?
- Groww serves in the B2C space in the FinTech market segments.
- The primary business model of Groww is:FinTech > Investment Tech > ***** **** > ***** ******
Company Details
- Website: groww.in
- Social:
- Email ID: *****@groww.in
- Phone Number: +91 **********
Which legal entities is Groww associated with?
Groww
is associated with
8
legal entit
ies
given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
FINMENTS TECH PRIVATE LIMITED | - | - | 956 | |
GROWW, INC. | Dec 03, 2017 | - | - | 762 |
GROWW AA PRIVATE LIMITED | Nov 17, 2022 | - | - | 920 |
GROWW PAY SERVICES PRIVATE LIMITED | Jul 01, 2021 | - | - | 686 |
GROWW CREDITSERV TECHNOLOGY PRIVATE LIMITED | Jan 24, 2021 | - | $6.96K (as on Mar 31, 2022) | 473 |
BILLIONBRAINS GARAGE VENTURES PRIVATE LIMITED | Jan 08, 2018 | $126M (as on Mar 31, 2023) | $49.4M (as on Mar 31, 2023) | 275 |
FINVANTAGE INVESTMENT ADVISER PRIVATE LIMITED | Nov 28, 2016 | - | $2.06K (as on Mar 31, 2021) | 525 |
Groww Invest Tech Private Limited | May 03, 2016 | $162M (as on Mar 31, 2023) | $9.11M (as on Mar 31, 2023) | 576 |
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Groww's funding and investors
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How much funding has Groww raised till date?
Groww has raised a total funding of $393M over 8 rounds. Its first funding round was on Jan 29, 2018.
What are the most recent funding rounds of Groww?
Its latest funding round was a Angel round on Jan 08, 2022 for an undisclosed amount. 1 investor participated in its latest round, lead by Satya Nadella.
List of recent funding rounds of Groww
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jan 08, 2022 | Undisclosed | Angel | - | - | Satya Nadella |
Oct 24, 2021 | $251M | Series E | $3B | 109.2x | Iconiq Capital, Ribbit Capital, Lone Pine Capital, Alkeon Capital Management, Y Combinator, Tiger Global Management, Propel Venture Partners, Steadfast Capital, Peak XV Partners |
Apr 07, 2021 | $83M | Series D | $1B | 159.4x | Tiger Global Management, Ribbit Capital, Propel Venture Partners, Y Combinator, Peak XV Partners |
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What is the current valuation of Groww?
Groww
is valued at
$3B
as per the latest available filings.
Here is
Groww
's valuation trend over time:
Date | Valuation |
|---|---|
Oct 21 | $3B |
Apr 21 | 983 |
Dec 16 | 886 |
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Who are Groww's investors?
Groww has 19 institutional investors including Y Combinator, Tiger Global Management and Ribbit Capital. Satya Nadella and 2 others are Angel Investors in Groww.
View details of
Groww funding rounds and investorsGroww's founders and board of directors
Founder? Claim ProfileWho are the founders of Groww?
The founders of
Groww
are
Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh.
Lalit Keshre
has founded
1
more compan
y
-
Eduflix.
Who is the current CEO of Groww?
Lalit Keshre
is
the CEO of
Groww
.
Who is on the board of Groww?
Groww
's board has
5
active member
s
.
Lalit Keshre, Harsh Jain, Nishant Kumar Singh and Prashant Saran
are
part of team
.
How many employees does Groww have?
Groww has 593 employees as of May 24. The total employee count is 7.2% more than what it was in May 23.
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View details of
Groww's Founder profiles and Board MembersGroww's Competitors and alternates
Who are the competitors of Groww?
Top competitor
s
of
Groww
include
Upstox, Zerodha and Finvasia.
Groww
ranks
1
st
among
65 active competitors.
10 of its competitors are funded while 4 have exited.
Overall,
Groww
and its competitors have raised over
$727M
in funding across
40
funding rounds involving
217
investors.
There are 2 private unicorns and 4 public companies in the entire competition set.
Below is a comparison of top competitors of Groww
Groww | Upstox | Zerodha | Finvasia | |
|---|---|---|---|---|
Description | App-based trading and investment platform for multiple markets | App-based trading platform for stocks | Provider of equity investments, retail, institutional broking, currencies, and commodities trading p | Online stock brokerage and trading platform |
Founded Year | 2016 | 2009 | 2010 | 2009 |
Location | Bengaluru (India) | Mumbai (India) | Bengaluru (India) | Chandigarh (India) |
Company Stage | Series E | Series C | Unfunded | Series A |
Unicorn Rating | Unicorn | Unicorn | Unicorn | - |
Total Funding | $393M | $220M | - | $1.53M |
Funding Rounds | 8 | 6 | - | 2 |
Latest Round | Angel, Undisclosed, Jan 08, 2022 | Series C, Undisclosed, Sep 16, 2022 | - | Series A, Undisclosed, Oct 03, 2022 |
Investor Count | 22 | 25 | - | 3 |
Top Investors | Tiger Global Management, Iconiq Capital& 20others | Tiger Global Management, Innoven Capital& 23others | - | Intrinsic Investments& 2others |
Tracxn ScoreWhat is this? | 82/100 | 74/100 | 70/100 | 68/100 |
Overall Rank | 1st | 2nd | 3rd | 4th |
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Looking for more details on
Groww
's competitors? Click
here to see the top ones
Groww's Investments and acquisitions
Filter this list
Groww
has not made any
acquisitions
yet.
Groww
has made
4 investments.
Here is the list of latest three investments:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 28, 2023 | Investments |
Nimbbl | 2020 | Mumbai, India |
Dec 30, 2022 | Investments |
Nimbbl | 2020 | Mumbai, India |
Dec 30, 2022 | Investments |
Digio | 2016 | Bengaluru, India |
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See all
investments
by
Groww
Reports related to Groww
Here is the latest report on Groww's sector:
View
all reports related to GrowwNews related to Groww
Filter this list
Media has covered
Groww
for a total of 35 events in the last 1 year
,
18
of them have been
about
company updates and 1
about
people movement.
•
Funding winter is pushing fintech firms to go public very early: Nippon India CIOLivemint•Aug 29, 2024•MobiKwik, PhonePe, Razorpay,
Groww
•
Groww introduces new features 'Safeguard' and 'F&O Pause' to help with risk managementBusiness Today•Aug 28, 2024•Groww
•
Trading Platform Dhan’s Parent Eyes Unicorn Tag With $100 Mn FundingStartupNews•Jul 29, 2024•Raise, Avendus, Zerodha,
Groww
•
Groww Mutual Fund Launches NFOs Based On Nifty EV & New Age Automotive IndexInc42•Jul 24, 2024•Groww
•
Homecoming of Indian Start-Ups: Tracxn's co-founder, Neha Singh, Explains the TrendOutlook India•Jul 12, 2024•Neha Singh,
Groww
, Pine Labs, Razorpay
•
Groww's AMC settles SEBI case with Rs 9 lakh paymentYourStory•Jul 02, 2024•Groww
•
Groww’s Active Investor Base Climbs Over 1 Cr In May 2024; Zerodha Stays SecondInc42•Jun 12, 2024•Groww
•
A realm full of opportunity and testEntrepreneur•Jun 05, 2024•Bharat Founders Fund, PhonePe,
Groww
, Pine Labs and 1 other
•
Go To Groww Plans to Leave an Imprint on Digital Marketing with AIAsian News International•May 10, 2024•Groww
•
Groww joins the first wave of Indian startups moving domiciles back home from USTechCrunch+•May 09, 2024•Groww
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Frequently asked questions about Groww
When was Groww founded?
Groww was founded in 2016.
Where is Groww located?
Groww
is located in
Bengaluru,
India.
Is Groww a funded company?
Groww is a funded company, its first funding round was on Jan 29, 2018.
When was the latest funding round of Groww?
Groww's latest funding round was on Jan 08, 2022.
How much is Groww worth?
The latest valuation of Groww is $3B as on Oct 25, 2021.
What is the annual revenue of Groww?
Annual revenue of Groww is $162M as on Mar 31, 2023.
Is Groww a Investment Tech company?
The primary sector of Groww is Investment Tech.
