Groww Mutual Fund News

Companies

Amid DIY frenzy, Wealthy’s ₹130-cr fund raise fuels big bet on adviser-led wealth-tech

Wealthy has secured ₹130 crore in funding to strengthen its AI platform for mutual fund distributors. The startup emphasizes human advisers over DIY investing apps, aiming to simplify KYC processes and expand its distributor network in India's growing wealth management sector.

5 min read24 Nov 2025
Markets

Groww share price zooms another 20% as rally extends to the 4th day, m-cap tops ₹1 lakh crore

Billionbrains Garage Ventures shares continued to rise, gaining 11% to ₹165.40, marking a four-day increase of 48%. This surge has propelled the company's market capitalisation beyond ₹1 lakh crore.

2 min read17 Nov 2025
Markets

Groww IPO to open tomorrow: What does Sebi's regulatory overhang mean for broker's public issue?

Groww IPO: Notably, about 62% of Groww's broking revenue in FY25 came from the F&O segment — though this dependence is declining as the business matures and as multi-product initiatives ramp up, the risk remains very live, said Nitin Jain, Sr. Research Analyst at Bonanza.

4 min read3 Nov 2025
Money

Groww’s switch to demat MFs: What investors gain—and what they could lose

Groww’s shift to demat mode for mutual fund investments has sparked user confusion—but it may not be a bad deal. Here’s what investors need to know.

5 min read1 Jul 2025
Markets

Groww IPO: Billionbrains Garage Ventures files DRHP via confidential filing route. Details here

Groww IPO: Parent company of Groww — Billionbrains Garage Ventures — has filed a draft red herring prospectus with the stock market regulator for an IPO. According to a PTI report, citing sources, Groww could look to raise between $700 million to $1 billion.

2 min read26 May 2025
Companies

Groww plans confidential IPO filing within two weeks

The move comes days after a GIC arm sought CCI nod to invest in the online stock trading platform at a $7 billion valuation

1 min read15 May 2025
Companies

IPO-bound Groww issues bonus shares to Peak XV, Ribbit, other existing investors

The transaction will also result in collapse of the differential voting rights held by Harsh Jain, Lalit Keshre, Neeraj Singh and Ishan Bansal, the founders of Groww, according to a CCI notice.

2 min read4 Mar 2025
Markets

Groww IPO: Fintech gears up to go public, likely picks JPMorgan, Kotak as bankers to issue

Billionbrains Garage Ventures Pvt. Ltd. has picked banks including JPMorgan Chase & Co. and Kotak Mahindra Bank Ltd. for a potential Mumbai initial public offering, according to people familiar with the matter.

1 min read20 Jan 2025
Companies

Groww results: Net profits surge 308%, revenue at ₹2,900 crore in FY24, says report

Groww results: Groww's brokerage unit recorded a 308 per cent hike in net profits to ₹298 crore for the financial year ended 2024, compared to ₹73 crore in the previous financial year, reported the news portal Entrackr on Tuesday.

1 min read2 Oct 2024
Markets

Pause, safeguard and safe exit: Groww launches three new features to protect F&O traders from market volatility

Groww has launched three new features that aim to reduce losses for futures and options (F&O) traders in the country. The brokerage launched F&O Pause, Safeguard, and Safe Exit features on August 27.

2 min read27 Aug 2024

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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