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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
While rivals lost users, India’s largest broker leaned on lending and derivatives to deliver strong growth.
Stock market trading has had a bruising year. Yet, even in that climate, online discount broker Groww has held up well. Billionbrains Garage Ventures, the company that operates the platform, has retained its position as India’s largest broker by active investors—even as peers have seen sharp drop-offs.
Groww’s retail client base stood at 12,939,127 in FY26, up marginally from 12,921,210 a year earlier. The growth may be minuscule, but it contrasts with Zerodha and Angel One—the second and third largest stockbrokers—both of which lost active clients over the same period.
The company’s fourth quarter results, announced on Monday, underscored that …
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
A month on, CAS has only amplified volatility, manipulation and confusion rather than containing them.
