Groww Listed Investor
Groww (legal entity: Billionbrains Garage Ventures Limited) is an Indian fintech company and India's largest stockbroker by active NSE client count and largest mutual-fund SIP distributor, offering stocks, F&O, mutual funds, IPOs, digital gold and commodities through a single app. Founded in 2016 by four former Flipkart employees, it listed on the NSE and BSE in November 2025.
Valuation
Returns
Per share
Growth · year on year
Ownership
Price and ratios are compiled from the exchange and third-party market data, cached and refreshed through the day — they are not Atlas facts and are not investment advice. Where a ratio is computed on more than one basis (for example standalone versus trailing-twelve-month), each is shown separately rather than averaged into a single number.
How this score is calculated
| Measure | Value | Scores | Source |
|---|---|---|---|
| P/E What the market pays for each rupee of earnings. Lower is cheaper — but a low P/E can also mean the market expects earnings to fall. Computed on a different basis this reads 64.77, which would score 0/100. Scored on the figure shown. |
35.61 | 50/100 | BSE |
| P/B Price against book value. Most meaningful for banks and asset-heavy businesses; software and consumer brands trade high here for good reasons. |
14.01 | 0/100 | Market data |
| ROE Return on equity — profit generated per rupee of shareholder capital. Sustained high ROE is the clearest single marker of a good business. |
27.40 | 100/100 | Market data |
| ROCE Return on capital employed — the same idea including debt, so it is harder to flatter with leverage. |
35.30 | 100/100 | Market data |
| Profit growth Year-on-year growth in profit. Weighted above sales growth because profitable growth is the harder thing to do. |
9.26 | 50/100 | Market data |
| Sales growth Year-on-year growth in revenue. |
11.54 | 50/100 | Market data |
| Revenue growth · filed Year-on-year revenue growth computed from the fiscal-year figures we filed ourselves and cited to a real disclosure, not a market data feed. |
84.60 | 100/100 | Atlas |
| Profit trend · filed Whether profit is improving, from the same filed figures. A swing from loss to profit scores highest; a swing from profit into loss scores lowest; a narrowing loss still scores better than a widening one. |
118.20 | 100/100 | Atlas |
| Promoter holding How much of the company its founders and controlling group still own. Higher usually means their money moves with yours. |
27.14 | 50/100 | Market data |
The Atlas Score is our own arithmetic on the published figures above — nothing is hidden and nothing is bought in. It weighs quality and growth at 30% each, valuation at 25% and ownership at 15%, scoring each measure against fixed bands. Growth blends third-party market data with the fiscal-year figures we file and cite ourselves, so a company we have researched more deeply scores on richer evidence. A measure we could not fetch is left out of the average rather than counted as a zero. It is a summary of the numbers, not a recommendation, not a price target, and not advice about your circumstances.
Groww: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 5 Jun 2025 | Series F | ₹1,735 Cr ($202.3M) | GIC ICONIQ Capital | source |
| 24 Oct 2021 | Series E | $251M | ICONIQ Growth Alkeon Capital Lone Pine Capital Propel Venture Partners Ribbit Capital Sequoia Capital India Steadfast Capital Tiger Global Management Y Combinator Continuity Fund | source |
| 7 Apr 2021 | Series D | $83M | Tiger Global Management Propel Venture Partners Ribbit Capital Sequoia Capital India Y Combinator Continuity Fund | source |
| 10 Sep 2020 | Series C | $30M | Y Combinator Continuity Fund Propel Venture Partners Ribbit Capital Sequoia Capital | source |
| 19 Sep 2019 | Series B | $21.4M | Ribbit Capital Sequoia Capital India Y Combinator | source |
| 23 Jan 2019 | Series A | $6.2M | Sequoia Capital India Kauffman Fellows Propel Venture Partners Y Combinator | source |
| 9 Jul 2018 | Pre-Series A | $1.6M | Insignia Ventures Partners Ankit Nagori Kairos Lightbridge Partners Mukesh Bansal | source |
| 29 Jan 2018 | Seed | Undisclosed | Ankit Nagori Mukesh Bansal Y Combinator | source |
Groww: Recent Investments
| Date | Company | Round | Amount |
|---|---|---|---|
| 12 Jan 2023 | DigiO | Corporate Round |
Acquisitions
Recent Signals
-
10 Jul 2026 · growth-traction
Groww shares rise after company clarifies Groww Prime is an opt-in addition, not a replacement for free direct mutual funds source -
14 Jan 2026 · ma-strategic
State Street Investment Management to acquire 23% stake in Groww Asset Management for ₹580 crore source -
12 Nov 2025 · financial
Groww lists on NSE and BSE, raising ~$748M in India's largest fintech IPO of 2025 source
News on Groww
-
31 Aug 2026
State Street Invest ₹580-Crore In Groww AMC, Takes 22.94% Stake -
27 Aug 2026
Ribbit Capital Groww Stake Sale Sends Shares Down 3% -
25 Aug 2026
Ribbit Capital To Offload 1.6% Stake In Groww For ₹1,914 Crore -
18 Aug 2026
Y Combinator Sells 1.2% Groww Stake For ₹1,435 Crore -
12 Aug 2026
Groww Adds 70,119 Clients in July, Maintains Top Spot Among Indian Brokers -
30 Nov 2025
Groww Infuses ₹104.4 Cr More Into Fisdom -
31 Jul 2026
Groww Founders Plan ₹400–500 Crore Consumer and Deeptech Startup Fund -
15 Jul 2026
Groww Receives Licence to Launch U.S. Stock Trading, Begins Testing Phase -
15 Jul 2026
Groww spends Rs 146 crore on marketing in Q1 FY27 -
15 Jul 2026
Groww post Rs 735 Cr profit in Q1 FY27, revenue jumps 66% -
14 Jul 2026
Groww active clients rise as NSE user growth slows -
25 Jun 2026
Demat & Trading Account: How to Open One in India (2026)
L Litmus · by Lapaas
See the full business-model breakdown and validation framework for this company.
View Litmus AnalysisFAQs on Groww
Who founded Groww?
Groww was founded by Lalit Keshre, Harsh Jain, Neeraj Singh, Ishan Bansal in 2016.
How much funding has Groww raised?
Groww has raised $595.5 Mn across 8 tracked funding round(s), most recently on 2025-06-05. Figures are compiled from cited public sources.
Who are the investors in Groww?
Investors in Groww include GIC, ICONIQ Capital, ICONIQ Growth, Alkeon Capital, Lone Pine Capital, Propel Venture Partners, Ribbit Capital, Sequoia Capital India.
What does Groww do?
Groww (legal entity: Billionbrains Garage Ventures Limited) is an Indian fintech company and India's largest stockbroker by active NSE client count and largest mutual-fund SIP distributor, offering stocks, F&O, mutual funds, IPOs, digital gold and commodities through a single app. Founded in 2016 by four…
Where is Groww headquartered?
Groww is headquartered in Bengaluru, Karnataka, India.
What is Groww's business model?
Groww's core value proposition centers on Easy, fast, transparent investing, Zero-commission direct mutual funds, Single app for multiple asset classes.
How does Groww make money?
Groww's cited revenue streams include Broking / brokerage fees, Mutual fund distribution commissions, Interest & lending income, Asset management fees (Groww Mutual Fund / Groww AMC).