The Startup India Insight



Groww Investor Base Doubles and Reached to 11M in One Year

Groww has doubles its active investor base within a single year, reaching nearly 11 million users. This surge highlights Groww’s rising influence in the competitive Indian investment market. Significant Growth Compared to Last Year According to a report by Moneycontrol, Groww’s user base was around 5.65 million during the same period in the previous year. […]

Groww AMC Resolved SEBI Case: Insights & Acquisition Impact

Groww AMC, a prominent name in the Indian asset management sector, recently resolved a case with the Securities and Exchange Board of India (SEBI) by paying INR 9 lakh. This settlement came after Groww AMC and Groww Trustee proactively filed a suo motu settlement application with SEBI. The case revolved around a violation of a […]

SEBI Bans Volume-Based Discounts to Enhance Market Fairness

The SEBI has recently bans volume-based discounts aimed at ensuring market fairness and transparency. One of the key directives issued by SEBI is the prohibition of MIIs from offering volume-based discounts to brokers. This regulatory move, slated to take effect from October 1, 2024. It marks a significant shift in how brokerage services are priced […]

Groww Surpasses 1 Cr Active Investors in May 2024

In May 2024, Groww Surpasses 1 Cr Active Investors and achieved a significant milestone, solidifying its position as a leading investment platform in India. This remarkable growth places Groww ahead of Zerodha, which remains in second place. The continuous increase in Groww’s investor base highlights its popularity and the trust it has garnered among users. […]

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