Page 3 - Groww

Groww rolls out BSE Power ETF, FoF amid India's surging electricity demand

Both schemes are benchmarked to the BSE Power Index - Total Return Index (TRI), offering exposure to a diversified basket of companies engaged in power generation, transmission, utilities, and infra

NFO Alert! Groww MF launches BSE Power ETF; here's all you need to know

Groww BSE Power ETF: The investment objective of the scheme is to generate long-term capital growth by investing in securities of the BSE Power Index in the same proportion

Groww, Zerodha see big drop as 2 million active investors exit top brokers

Despite a rally in the market, top brokers including Groww and Zerodha lost two million active investors in H1 2025 as Sebi's stricter F&O norms dampen retail trading interest and client growth

CCI approves GIC's move to acquire 2.14% stake in Groww ahead of IPO

Fair trade regulator CCI on Tuesday cleared Singapore's sovereign wealth fund GIC's proposed acquisition of a 2.14 per cent stake in IPO-bound Billionbrains Garage Ventures, the parent company of investment tech unicorn Groww. GIC, through its affiliate, Viggo Investment Pte (GIC Investor), is acquiring a stake in Groww. "The proposed combination relates to the acquisition of 2.143 per cent shareholding in Billionbrains Garage Ventures Ltd (Groww) by Viggo Investment Pte Ltd (GIC Investor) pursuant to the execution of, inter alia, a Deed of Adherence and Share Subscription Agreement dated 28th April 2025," the Competition Commission of India (CCI) said in a release. Groww, which operates an online trading platform, offers stock trading, mutual fund investments and other financial instruments. The company also has an asset management business. "CCI approves acquisition of shares of Billionbrains Garage Ventures Limited by Viggo Investment Pte Ltd," the regulator said in a post on ..

Why startups like Meesho are paying millions to come back home | Razorpay | Zepto | Groww | PhonePe

What if we told you that some of India’s top startups are writing massive tax cheques, just to move back home, some of them being Meesho and Razorpay?

Groww MF launches Nifty India Internet ETF: Here's all you need to know

Groww Nifty India Internet ETF offers diversified exposure to companies driving India's internet-led transformation

Groww widens lead over Angel One as retail broking race intensifies

In the past two years, Groww has nearly tripled its active client base, while Angel One's growth has slowed, highlighting diverging strategies and investor preferences

Fintech firm Decentro initiates reverse-flip process from Singapore

This comes at a time when the Bengaluru-based firm is raising about ₹30 crore as part of the Series-B funding round led by InfoEdge Ventures

Groww parent Billionbrains files confidential IPO papers with Sebi

The IPO size is estimated at ₹8,000 crore and will include both primary and secondary shares

Groww to hike minimum brokerage, DP and MTF charges from June 21

Groww will raise minimum brokerage to ₹5 and revise DP and MTF charges starting June 21 citing rising costs and regulatory impact on brokerages' revenue streams

Groww to acquire PayU-backed Fisdom in $150 mn wealth management push

Groww to acquire Fisdom for $150 million as part of its wealth management expansion; the IPO-bound firm also plans to raise funds from Singapore-based GIC

Singapore's GIC seeks approval from CCI for 2.14% stake in IPO-bound Groww

The proposed investment is part of Groww's broader plan to raise $200 million in pre-IPO funding and may double its valuation to $6.5 billion

Groww Invest pays over ₹34 Lakh to settle Sebi case linked to tech glitch

Groww Invest has paid ₹34.12 lakh to settle a Sebi case over a January 2024 tech glitch that left customers unable to trade, drawing a line under the matter without admitting any fault

NSE active clients up 21% in FY25; Groww cements lead with 36% growth

Top four discount brokers command 63.3% market share, up from 62.4% in FY24

Groww launches momentum investing plan tracking Nifty 500 Momentum 50

Scheme will allocate its assets primarily to constituents of the Nifty 500 Momentum 50 Index

Groww taps five banks for $1 billion IPO, plans draft filing by April

Groww targets a $1 billion IPO with a potential $10 billion valuation, enlisting five top banks for the process. Draft filings expected by April, listing by FY26

Groww picks JPMorgan for IPO to raise $750 mn, may seek $7 bn valuation

Billionbrains Garage Ventures behind financial services platform Groww Invest Tech Pvt Ltd could proceed with an IPO this year, seizing on the momentum for share sales in India

Groww MF launches first-ever ETF tracking Indian railways PSU Index

This ETF replicates the Nifty India Railways PSU Index-TRI, featuring PSUs vital to the railways sector, covering infrastructure, financial services, logistics, and technology

Fintech firm Groww eyes IPO in 2025, seeks $6-8 billion valuation

The company, which is the largest broker and also the biggest mutual fund (MF) distributor, plans to raise around $700 million (around Rs 6,000 crore)

Groww in talks to launch IPO, looks to raise $700 mn for $7-8 bn valuation

Groww recently shifted its headquarters from the US to India less than a year ago, a relocation that incurred the fintech a tax expense of Rs 1,340 crore