Groww Surpasses Zerodha with 12.59M Active Users in October

• Bengaluru-based stock broker Groww has reached 12.59 million active traders in October, surpassing its closest competitor Zerodha.
• Groww has nearly doubled its user base over the past year, while Zerodha added only 15 lakh new users.
• Despite a net loss of Rs 805 crore in FY24, Groww remained operationally profitable.

Source: Entrackr