Groww - Online Demat, Trading and Direct Mutual Funds Company, India

Groww - Online Demat, Trading and Direct Mutual Funds Company, India

Company

Earlier, investing in stocks, mutual funds, etc., was tiring and specific. In contrast, Groww allows investors to quickly build their investment portfolio and start with tradings and investments!


Table of contents

The Company in 3 lines

  1. Groww is free software for all investors (new or old). It offers a simple user interface that provides a quick, easy, and comfortable user experience!
  2. It is a secure and reliable application with a professional rate of encryption standards 128-bit SSL. It protects the user's data and transactions within the platform. The app is available to both Android and iOS users.
  3. Groww has an in-built Help & Support feature. It includes extensive queries and solutions to address everyone's problems. You can raise a ticket if your problem is not listed in the queries.

Quick Information

Website: Click here

Social Media Profiles: Instagram, Twitter, Linkedin

Headquarters:  Banglore, India

Business Model: B2C, B2B

Founding Year: 2016

Number of Employees: 501 to 1000

Core Team Members: Lalit Keshre, Harsh Jain, Neeraj Singh, Ishan Bansal. (Founders)

Revenue Streams: Listing Mutual Funds, Commission on Trades

Target Market: Millenial Investors or anyone interested in investments and trading

Basic Information

Groww is a fintech investing and trading platform based in Bengaluru. Four former Flipkart employees founded it:

  • Lalit Keshre
  • Harsh Jain
  • Neeraj Singh
  • Ishan Bansal.

Their goal is to develop financial platforms that will aid and simplify the processes of trading, investing, mutual funds, etc.

Groww was later founded in 2016.

SIPs and equity-linked savings are two ways Groww customers can invest in mutual funds. Its website or app provides over 5,000 mutual funds for direct investment. It has a simple pricing structure with cheaper trading costs.

If you want to start investing in mutual funds for free, there are no hidden fees or taxes. There are also no account openings or monthly maintenance fees. Furthermore, its direct mutual fund plan allows you to earn an extra 1.5%.

You can own a mutual fund or stock with just a few clicks! Even teenagers, young people, and seniors have begun trading and investing.

This is how simple the investing game gets!


Siddhesh Surve

An Enthusiastic Learner! With his roots in Navi Mumbai and a Journalism Background, he aims to connect with readers and share facts about his hobby, "tech in India," and its advancing inventions.