by Billionbrains Garage Ventures Limited
Groww was founded in 2016 by four ex-Flipkart product managers โ Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh โ in Bengaluru, starting as a zero-commission direct mutual fund platform before adding stocks, F&O, IPO, US stocks, gold and fixed deposits. The parent company, Billionbrains Garage Ventures Limited, reverse-flipped its holding structure from the United States (Groww Inc.) to India in March 2024 ahead of its IPO, listing on NSE and BSE on November 12, 2025 under the ticker GROWW. As of late 2025 Groww had over 4 crore (40 million) registered users and roughly 1.2 crore active demat accounts โ making it India's largest retail stockbroker by active clients, having overtaken Zerodha in late 2023. The platform's core appeal is simplicity: paperless Aadhaar-based eKYC opens a demat and trading account in under a day, mutual funds carry zero commission (Groww earns nothing on direct plans), and equity brokerage is a flat Rs 20 or 0.05% per executed order โ whichever is lower. SIPs start at Rs 100 and fractional stock investing is available from Rs 10. Groww makes money primarily from stockbroking fees (intraday, F&O, delivery beyond zero-brokerage on equity delivery in some plans), interest on idle client funds, and ancillary products like loans against securities, US stock investing (via a partnership with Vested Finance), and a credit card. The app is free to download and use; there is no account maintenance charge for the demat account. Groww is best suited for first-time investors and long-term SIP investors who value a clean interface, zero mutual fund commission, and a wide product range in one app. Active intraday traders and F&O scalpers may find the charting tools, order ladder and API access more limited than Zerodha Kite, Dhan or Upstox โ and the trading wallet's 24-hour hold on withdrawn funds is frustrating for high-frequency users. Customer support relies on chat and tickets, which has been the most consistent user complaint across Play Store and Trustpilot reviews. SEBI-registered as a stockbroker (NSE/BSE/MCX member) and depository participant with CDSL.
Billionbrains Garage Ventures Limited (Groww)
4.4/5 on Google Play Store ยท Last verified 2026-05-11
Hand-picked videos to help you get started โ tutorials, demos, and reviews.
Groww App Complete Tutorial 2026 โ Buy & Sell Shares, Investing & Trading
How to Invest in Mutual funds on Groww โ Mutual Funds for Beginners
Groww Intraday Trading Kaise Kare? โ Beginners Guide 2026
Groww App Complete Trading Tutorial in Hindi โ Buy & Sell Shares
Groww is a powerful Indian alternative to these international apps:
Yes, Groww by Billionbrains Garage Ventures Limited is an Indian alternative to Robinhood. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to Robinhood โ
Yes, Groww by Billionbrains Garage Ventures Limited is an Indian alternative to E*Trade. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to E*Trade โ
Yes, Groww by Billionbrains Garage Ventures Limited is an Indian alternative to Charles Schwab. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to Charles Schwab โ
Yes, Groww by Billionbrains Garage Ventures Limited is an Indian alternative to Fidelity. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to Fidelity โ
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