Groww Invest Tech Private Limited
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Groww Invest Tech Private Limited - overview
Established
2016
Location
Bangalore, Karnataka, India
Primary Industry
Financial Services
About
Founded in 2016 and based in Bangalore, India, Nextbillion Technology, doing business as Groww, operates as a developer of a web and mobile application that allows users to directly invest in mutual funds and manage their investment portfolio. The company was founded by its CEO Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal. In June 2025, Groww Invest Tech Private Limited raised USD 200 million in series F funding led by GIC, with participation from ICONIQ Capital. Groww allows users to invest in stocks, mutual funds, exchange-traded funds, IPOs, systematic investment planning, equity-linked savings and gold.
The company also offers e-books, SIP calculators, and resources on cryptocurrency along with insights about mutual funds, systematic investment planning, equity-linked savings, and everything from the personal finance world to help new investors. Groww charges customers around INR 20 or 0. 05% whichever is lower for each executive order on the stock as the brokerage fee. In 2020, Groww generated a revenue of INR 76.
16 lakh that is an 823% year-on-year growth compared to the revenue of INR 8. 25 lakh made in 2019. In June 2025, Groww Invest Tech Private Limited raised USD 200 million in venture funding led by new investor GIC. During the same period, Groww’s expenses grew by 2,703%, from INR 31.
76 lakh in 2019 to INR 8. 69 Cr in 2020.
Current Investors
Y Combinator, Kairos, Insignia Ventures Partners
Primary Industry
Financial Services
Sub Industries
e-Financial, Internet, Accounting/Finance Software
Website
www.groww.in
Verticals
Blockchain, FinTech, FinTech, FinTech, Mobile Apps
Company Stage
Series F
Total Amount Raised
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