Billionbrains Garage Ventures (Groww) was incorporated as ‘Billionbrains Garage Ventures Private Limited’ on January 9, 2018, as a private limited company under the provisions of the Companies Act, 2013, pursuant to a certificate of incorporation dated January 17, 2018, issued by the Registrar of Companies, Central Registration Centre. Pursuant to the Scheme of Amalgamation, approved by the National Company Law Tribunal, Bengaluru Bench on March 28, 2024, Groww Inc., its erstwhile holding company was amalgamated into and with the company. Further, the company was converted into a public limited company and the name of the company was changed to Billionbrains Garage Ventures Limited, pursuant to a board resolution dated January 29, 2025, shareholders’ resolution dated February 21, 2025, and a fresh certificate of incorporation dated April 11, 2025 issued by the Registrar of Companies, Central Processing Centre.

The company is a direct-to-customer digital investment platform that provides wealth creation opportunities to customers through multiple financial products and services. It is India’s largest and fastest growing investment platform. The company operates the web & app-based technology platform, ‘Groww’. With Groww, customers can invest and trade in stocks (including via IPOs), derivatives, bonds, mutual funds (including Groww Mutual Fund) and other products. They can also avail margin trading facility and personal loans. Using the Groww app or website, customers can access tools, information and market insights across its products and services and build their investment and trading strategies. It provides customers a friendly design and deploys an in-house technology platform to enhance the investing experience.

The company is primarily engaged in carrying out the business of software designing, maintenance, testing and benchmarking, designing, developing computer software and solutions, carry on the business of providing, building, organizing of software tools, marketing and innovatization of licensed software, consultancy services. Subsidiaries of the company are primarily engaged in business of (i) stock broking services, mutual fund distribution and depository services, margin trading funding, (ii) providing personal loans and consumer durable loans on digital lending platforms, (iii) management of the investment portfolio of the mutual fund and provides various administrative services to the mutual fund and trustee company, (iv) online technological facilitation /business correspondence or partner service to Banks, NBFC’s and Financial institutions, (v) providing payment gateway services in accordance with applicable regulations prescribed by the Reserve Bank of India (RBI), Payment and Settlement Systems Act, 2007 and to carry business of electronic payment facilitation through internet-based solution and products and to provide financial intermediation, cross border payment/transactions as per applicable regulatory requirements.

Its customers are individuals seeking to build financial assets by investing in capital markets. It has a diverse customer base belonging to various socio-economic backgrounds, across cities, towns and villages in India. Furthermore, based on the KYC information, its customers are young, come from diverse backgrounds and from across India. At Groww, its relationship with its customers typically does not end with the completion of a transaction. Its focus is on building long-term relationships by providing its customers with a seamless investing experience and catering to their evolving needs over the years. Many of its customers are still in the initial stages of investing.

Business area of the company 

The company is a direct-to-customer digital investment platform that provides wealth creation opportunities to customers through multiple financial products and services. It is India’s largest and fastest growing investment platform. The company operates the web & app-based technology platform, ‘Groww’. With Groww, customers can invest and trade in stocks (including via IPOs), derivatives, bonds, mutual funds (including Groww Mutual Fund) and other products. They can also avail margin trading facility and personal loans. Using the Groww app or website, customers can access tools, information and market insights across its products and services and build their investment and trading strategies. It provides customers a friendly design and deploys an in-house technology platform to enhance the investing experience.

• Stocks
• Derivatives

Margin Trading Facility (MTF)

Consumer credit

Wealth management

Groww asset management

Awards, accreditations and recognition

• 2018: Its Subsidiary, Groww Invest Tech Private Limited received an award for being the top volume performers in the BSE MF Fintech - highest transactions category from BSE.
• 2018: Its Subsidiary, Groww Invest Tech Private Limited was certified as the 2nd best performer in the RFD - Category, Karnataka by BSE Star Mutual Fund.
• 2018: Its Subsidiary, Groww Invest Tech Private Limited received an award for the highest transactions in the BSE Star Mutual Fund Fintech category from BSE for FY 2018-19.
• 2021: Received ‘Best Fintech Startup of the year’ award at the Festival of Fintech Conclave Awards organised by Business World.
• 2021: Received ‘Bengaluru Impact Award’ for emerging as the ‘Unicorn’ in 2020-2021 from the Government of Karnataka at the Bengaluru Tech Summit.
• 2021: Ranked in LinkedIn’s list of Top Startups 2021: The Indian companies on the rise.
• 2022: Received ‘Best for Women’ award in the category of 500+ employees from XTO10X - Startups Employees Love 2022
• 2022: Ranked #3 in LinkedIn’s list of Top Startups 2022: The Indian companies on the rise.
• 2022: Certified as a ‘Startups employees love - People Excellence’ by XTO10X.
• 2023: Certified as a ‘Startups employees love’ by XTO10X.
• 2023: Recognised as one of the ‘Promising Brands’ by Economic Times at the ET Edge Promising Brands.
• 2023: Its Subsidiary, Groww Invest Tech Private Limited received ‘Fintech Player of the year’ award from Cafemutual at the Big League Awards, 2023.
• 2024: Its Subsidiary, Groww Invest Tech Private Limited received ‘Financial Services Company of the Year’ award from VC Circle at the VC Circle Awards 2024.
• 2024: Received ‘Promising Startup’ award from Forbes India at the Forbes Leadership Awards 2024.
• 2024: Its Subsidiary, Groww Invest Tech Private Limited, received ‘Best Performer in FINTECH Category’ award from BSE Limited.
• 2024: Received ‘Champion of the Year - Fintech’ award from Franklin Templeton at Perspectives - A Conversation with Thought Leaders.
• 2024: Its Subsidiary, Groww Invest Tech Private Limited received ‘Best Performer in Equity Derivatives (Retail)’ award from BSE Limited.
• 2025: Received ‘Best Investment App’ award at the APAC Awards 2024 by Sensor Tower
• 2025: Its Subsidiary, Groww Invest Tech Private Limited, received ‘Best Performer in Equity Derivatives (Retail)’ award from BSE Limited.
• 2025: Its Subsidiary, Groww Invest Tech Private Limited, received ‘Best Performer in Equity (Retail)’ award from BSE Limited.
• 2025: Its Subsidiary, Groww Invest Tech Private Limited, received ‘Best Performer in Fintech category’ award from BSE Limited.
• 2025: Its Subsidiary, Groww Invest Tech Private Limited, received ‘Best SIP Performer in Fintech category’ award from BSE Limited.

History and milestones

• 2017: Launched Mutual Funds Distribution on Web and App, on Google Play1 (1 Google Play is a trademark of Google LLC).
• 2020: Launched stock trading on the Groww platform.
• 2020: Crossed one million transacted users on the Groww app.
• 2020: Commenced subscription of equity shares in initial public offerings, exchange-traded funds, intraday trade and futures and options on the Groww platform.
• 2021: 1 in 5 new demat accounts were through Groww in India in FY 2021-22.
• 2021: Launched equity-linked derivatives trading for customers on the Groww platform.
• 2022: Launch of personal loan products through partnerships with bank and NBFCs on the Groww platform.
• 2023: Became the largest stock broker on the NSE by number of active users.
• 2023: Launch of Groww Mutual Fund’s first NFO – Nifty Total Market Index Fund.
• 2024: Introduction of Margin Trading Facility product feature on the Groww platform Launched separate Groww Credit app.