In 2016, four Flipkart employees – Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh, quit their jobs to start a venture that could make investing easy. They name this venture as Groww and started operations in 2017.
00:00 Introduction
00:57 Introduction of Groww
01:45 Origin of Groww
05:11 Groww Business Strategies
05:34 Story Behind groww establishing in 2016
06:38 How groww became finance based company
07:51 Groww Market Size
08.22 About Groww Investors
09:42 Disclaimer
Check detailed research report :- Groww
About the Company:
Nextbillion Technology Private Limited (Groww) is a registered Stock Broker and Depository participant under the Securities and Exchange Board of India (SEBI), primarily engaged in the business of Stock broking services including mutual fund and Depository services.
Nextbillion Technology Private Limited is a subsidiary of BillionBrains Garage Ventures Private Limited. BillionBrains Garage Ventures Private Limited is a subsidiary of Groww, Inc. which is registered in the US and is funded by marquee private equity players like Sequoia India, Tiger Global, and Ribbit Capital
Groww, Inc. invests the fund in BillionBrains Garage Ventures Private Limited which in turn further invests the money in Nextbillion Technology Private Limited
In 2017, Groww started as a direct mutual fund distribution platform and within a year became one of the most popular mutual fund investment platforms in the country.
Groww added stocks in the early half of 2020 and the same year launched digital gold, ETFs, Intraday trading, IPO, and in quick succession.
Today, more than 1.5 Cr users across 900+ cities across India trust Groww for their investment needs.
The company was incorporated as a private limited company on 4th May 2016 under the provisions of the Companies Act, 2013, and is registered in Bangalore, Karnataka.
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