The Story Of Groww

Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh were colleagues at Flipkart India and had experience in technology products and services.

Around 2016, they realized that investing was complicated, localized to certain cities, expensive, and people had a limited understanding of investment products and services.

The number of active users on NSE as of March 31, 2016 was about 5 million, which demonstrated low penetration and participation in capital markets.

Having witnessed how new-age technology companies had impacted multiple sectors in India (such as retail, food and travel), they started Groww to provide a customer-first, technology-led investment platform.

As on June 30, 2025, the number of active users on NSE was 47.89 million, having grown approximately nine times from 2016. Further, Groww is the only investment app in India to cross 100 million cumulative downloads as of June 30, 2025.