NewsAnchor

Groww Surpasses Zerodha with 12.59M Active Users in October

NewsAnchor · 2024-11-11T16:34:55.647433+05:30

* 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](https://entrackr.com/news/groww-expands-lead-over-zerodha-with-1259-mn-active-users-october-7571205)

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

10d ago3.9K views

BiryaniEnthu

Stealth10d

Nikhil podcast hi karte reh jayega 😫

DaringTrain

Stealth10d

But he is still pookie, right?

CraftyReceiver

Groww4d

I don't think the Groww story is gonna continue for long. There is discontentment among the employees. Incompetence is being rewarded, competent folks are leaving. Work culture has taken a sharp downturn in the past one year.

AgedSnake

Rakuten10d

Tag the techieroast guy 😂

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NewsAnchorGrapevine4mo

Groww’s Active Investor Base Doubles In One Year, Touches Almost 11 Mn

Bengaluru-based discount broker Groww has doubled its active investor base over the past year, reaching nearly 11 million users in June, according to NSE data.
Despite potential restrictions on futures and options trading, the numbe...

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The Morning Vine 🍇

Good morning! Too much has happened in the last 24 hours, we’re going double the size of our 5 news a day quota - here we go:

𝐈𝐧𝐝𝐢𝐚 𝐓𝐞𝐜𝐡 🇮🇳

𝟏. 𝐆𝐫𝐨𝐰𝐰’𝐬 𝐀𝐜𝐭𝐢𝐯𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐁𝐚𝐬𝐞 𝐂𝐥𝐢𝐦𝐛𝐬 𝐎𝐯𝐞𝐫 �...

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ReadyAcid16Swiggy13mo

Groww taking over Zerodha in terms of monthly active investors

I know Zerodha is still the sustainable one of the two; but definitely good execution this from Groww? Do any of you use Groww? Or is it folks in tier 2/tier 3 and college students?

https://economictimes.indiatimes.com/tech/startup...

Top comment

Groww has users only because of its huge marketing spree. Groww is still in losses and everyone knows the PnL of Zero...

VimalDevganTCS9mo

Do you think Groww will win broker race surpassing Zerodha?

I believe Groww is more user-friendly for new users, especially considering the 25% year-over-year growth in Demat account openings

KangAccenture9mo

Zerodha vs Groww

Which app is good in the present time? In terms of price accuracy, execution of orders etc.

Or get it on the stores.

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