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Groww success story | Groww case study | Planify

In 2016, four Flipkart employees – Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh, quit their jobs to start a venture that could make investing easy. They name this venture as Groww and started operations in 2017.

00:00 Introduction

00:57 Introduction of Groww

01:45 Origin of Groww

05:11 Groww Business Strategies

05:34 Story Behind groww establishing in 2016

06:38 How groww became finance based company

07:51 Groww Market Size

08.22 About Groww Investors

09:42 Disclaimer

Check detailed research report :- Groww

About the Company:

Nextbillion Technology Private Limited (Groww) is a registered Stock Broker and Depository participant under the Securities and Exchange Board of India (SEBI), primarily engaged in the business of Stock broking services including mutual fund and Depository services.

Nextbillion Technology Private Limited is a subsidiary of BillionBrains Garage Ventures Private Limited. BillionBrains Garage Ventures Private Limited is a subsidiary of Groww, Inc. which is registered in the US and is funded by marquee private equity players like Sequoia India, Tiger Global, and Ribbit Capital

Groww, Inc. invests the fund in BillionBrains Garage Ventures Private Limited which in turn further invests the money in Nextbillion Technology Private Limited

In 2017, Groww started as a direct mutual fund distribution platform and within a year became one of the most popular mutual fund investment platforms in the country.

Groww added stocks in the early half of 2020 and the same year launched digital gold, ETFs, Intraday trading, IPO, and in quick succession.

Today, more than 1.5 Cr users across 900+ cities across India trust Groww for their investment needs.

The company was incorporated as a private limited company on 4th May 2016 under the provisions of the Companies Act, 2013, and is registered in Bangalore, Karnataka.


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Mutual Fund License No.

ARN-164419

IRDA Code (1):

ABLIC1003123454

Startup India Certificate No.

DIPP93786

IRDA Code (2):

ABLIC1003131639

Licensed By

indiaAMFIMFUstartupIndia

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