Groww
OverviewSuggest Edit
Groww is an online investment platform intended to enable investors to open an account electronically and transact in mutual funds online.
| Type | Private | |
| Founded | 2017 | |
| HQ | Bengaluru, IN | Map |
| Website | groww.in |
Recent NewsAll News
Latest Updates
| Employees (est.) (Feb 2021) | 252 | (+11%) |
| Cybersecurity rating | B | More |
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
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 | Y Combinator, Ribbit Capital, Mukesh Bansal, Ankit Nagori, Propel Venture Partners, Sequoia India, Kauffman Fellows, Kairos, Insignia Ventures Partners, YC Continuity Fund, Sequoia Capital India, Lightbridge Partners, Propel Ventures |
Groww's latest funding round in September 2020 was reported to be $30 m. In total, Groww has raised $59.2 m
Groww Operating Metrics
Groww's Registered Users was reported to be 8 m in Sep, 2020.
Groww Cybersecurity Score
Groww Online and Social Media Presence
15.33k Twitter followers
Groww has 15.33k Twitter Followers. The number of followers has increased 24.6% month over month and increased 61.3% quarter over quarter
Groww's Trends
Twitter Engagement Stats for @_groww
9k
Tweets
21
Following
15.3k
Followers
831
Tweets last 30 days
1.8
Avg. likes per Tweet
33%
Tweets with engagement
Groww News and Updates
December 17, 2020
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.
October 14, 2020
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
September 10, 2020
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.
September 10, 2020
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.
September 10, 2020
[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.
September 10, 2020
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…
Groww Blogs
February 18, 2021
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…
February 03, 2021
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…
February 02, 2021
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…
January 15, 2021
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…
December 03, 2020
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…
November 26, 2020
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…
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.
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