OverviewSuggest Edit

Groww is an online investment platform intended to enable investors to open an account electronically and transact in mutual funds online.

TypePrivate
Founded2017
HQBengaluru, IN
Websitegroww.in

Latest Updates

Employees (est.) (Feb 2021)252(+11%)
Cybersecurity ratingBMore

Groww Office Locations

Groww has an office in Bengaluru
Bengaluru, IN (HQ)
1st Floor, Proms Complex, 7th C Main Rd, Koramangala 1A Block, SBI Colony, Koramangala
Bengaluru, IN
2rd Floor, Padmavathi Complex, 80 Feet Rd, Koramangala 8th Block, Koramangala
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Groww Financials and Metrics

Summary Metrics

Founding Date

2017

Groww total Funding

$59.2 m

Groww latest funding size

$30 m

Time since last funding

6 months ago

Groww investors

Groww's latest funding round in September 2020 was reported to be $30 m. In total, Groww has raised $59.2 m
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Groww Operating Metrics

Groww's Registered Users was reported to be 8 m in Sep, 2020.
Jan, 2019Sep, 2019Sep, 2020

Equity Mutual Funds

5 k

Registered Users

2.50 m8 m
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Groww Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Groww Online and Social Media Presence

Embed Graph

Groww News and Updates

Best Apps of 2020: Ludo King, Mitron, Groww, Google Classroom, and others that trended

YourStory’s weekly App Fridays column held a mirror to the year’s top trends from ‘aatmanirbhar’ innovation to short video and casual gaming to learning apps.

Millennials find a new life-skill in the wake of the pandemic: Stocking on Groww

DIY apps like Groww see massive adoption as India learns investing from home

Indian investment app Groww raises $21.4 million

Groww, an investment app aimed at Indian millennials, has raised a $21.4Mn Series B funding round from US-based VC firm Ribbit Capital along with existing investors Sequoia India and Y Combinator.

India: Groww raises $30m funding led by YC Continuity, Sequoia, Ribbit

Groww will use the capital to strengthen technology infrastructure, expand product suite, and hire talent. The post India: Groww raises $30m funding led by YC Continuity, Sequoia, Ribbit appeared first on DealStreetAsia.

[Funding Alert] Groww raises $30M in Series C round led by YC Continuity

Wealth management startup Groww raised $30 million in Series C funding led by YC Continuity, with participation from Sequoia India, and Propel Ventures.

Groww, an investment app for millennials in India, raises $30M led by YC Continuity

Even as more than 150 million people are using digital payment apps each month in India, only about 20 million of them invest in mutual funds and stocks. A startup that is attempting to change that by courting millennials has just received a big backing. Bangalore-headquartered Groww said on Thursda…
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Groww Blogs

Franklin Templeton Begins Repayment to Investors in Shut Down Funds

With what has been a roller-coaster ride for investors since April 23, 2020, when Franklin Templeton Mutual Fund announced the winding up of six of its debt schemes, there is finally some respite with recent Supreme Court directions. Today, we will look at all the details of what transpired since t…

What Retail Investors Can Expect From Budget 2021

The Union Budget for the upcoming financial year 2021-22 was announced by Finance Minister Nirmala Sitharaman on February 01, 2021. The year 2020 created ripples in the water for millions of people. Volatile markets, slashed interest rates, job losses, pay cuts and an overall negative macro-economi…

Budget 2021 Market Impact: Health, Infra, Banking, Steel & More

The union budget 2021 had a massive impact on the Indian markets today. The benchmark indices, which is Sensex and Nifty recorded the highest budget day gains in more than 2 decades. Nifty was up 4.74% to 14,281.2 and Sensex was up 5% to 48,600.61. Banking and realty indices were the topmost gainer…

Mutual Fund Rules That Come Into Effect from 2021

There have been many regulatory changes in the mutual funds industry. The Securities and Exchange Board of India (Sebi) has time and again brought in new rules to keep the system fair, safe and transparent for the end-user, the investors. Sebi introduced a few changes last year for mutual funds tha…

Franklin Templeton SC Hearing: SC asks FT to Take Unitholders’ Approval for Winding Up Schemes

The Supreme Court, on December 3, 2020, directed a stay on redemption requests from investors and allowed Franklin Templeton Trustees to conduct a unitholders’ meeting to get their consent/approval on winding up the six debt schemes. The decision was taken after hearing the petition filed by Frankl…

Lakshmi Vilas Bank Moratorium Lifted – To be Operated as DBS from 27th Nov

As per the latest updates on Lakshmi Vilas Bank news, the cash-starved bank which was placed under a moratorium by RBI on 17th November by RBI is going to be lifted on Friday, 27th November. The government had imposed a 30-day moratorium on the lender wherein the cash withdrawal was capped at Rs 25…
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Groww Frequently Asked Questions

  • When was Groww founded?

    Groww was founded in 2017.

  • How many employees does Groww have?

    Groww has 252 employees.

  • Who are Groww competitors?

    Competitors of Groww include Kredx, FundersClub and NPEX.

  • Where is Groww headquarters?

    Groww headquarters is located at 1st Floor, Proms Complex, 7th C Main Rd, Koramangala 1A Block, SBI Colony, Koramangala, Bengaluru.

  • Where are Groww offices?

    Groww has an office in Bengaluru.

  • How many offices does Groww have?

    Groww has 2 offices.