Track the companies of Group.
| Sales Growth | Profit Growth | Expense Growth | Stock Price CAGR |
|---|---|---|---|
Presentation & Earning Calls |
Annual Reports |
Credit Rating |
|---|---|---|
|
|
|
|
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.
Margin Trading Facility (MTF)
Consumer credit
Wealth management
Groww asset management
Awards, accreditations and recognition
History and milestones
Comment