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CosmicTaco
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Grapevine

Groww Surpasses Zerodha With Record 1.3 Cr Active Users

  • Groww strengthens its lead in the broking space with 1.29 Cr active users as of November, adding 2.82 Lakh new users.
  • Zerodha follows at 81.25 Lakh active users, with Angel One and Upstox trailing at 76.31 Lakh and 28.72 Lakh, respectively.
  • Despite its user base lead, Groww's financials lag behind Zerodha, with Groww's revenue at INR 2,899 Cr and Zerodha's at INR 8,320 Cr for FY24.

Source: Inc42

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Whoever is curating this, kudos. Job well done!

Indian Startups
Indian Startups18mo
by GroovyBobaProduct Manager

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 comments
user

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

user

Zerodha was flexing a lot about their less developers working on things, their expenses and their profit. Groww on th...

user

I invest in stocks on Zerodha and invest in MFs on Groww. Tons of folks I know do the same. The day Zerodha gets into...