India’s Robinhood? Groww shares surge 13% after Jefferies initiates ‘Buy’ rating| Business News

Groww has the makings to become India’s Robinhood, Jefferies said in a note on Friday, initiating coverage of the newly listed stock with a “buy” rating. The Groww app on a smartphone. Groww’s share price surged as much as 12.87% to ₹162.65 apiece on the vote of confidence from Jefferies. (Bloomberg) The online brokerage operated […]

Zerodha, Groww down as Cloudfare outage takes out hundreds of websites| Business News

The Cloudfare outage, which afflicted hundreds of website, has affected India’s biggest online brokers, including Zerodha and Groww Ltd. Websites of most Indian online brokerages, including Zerodha and Groww, were down following the Cloudfare outage. (Unsplash) “Due to a cross-platform downtime on Cloudflare, Kite is currently unavailable. Please use the Kite WhatsApp backup to manage […]

Groww shows 25% jump in net profit to ₹471 crore in first results since listing| Business News

Groww operator Billionbrains Garage Ventures Ltd. has reported a near-25% jump in net profit in its first quarterly results since listing, even as profitability surged. Groww’s share price has been on a rollercoaster of late. (Bloomberg) Net profit of India’s largest online stockbroker rose 24.6% over the previous quarter to ₹471 crore in the three […]

From 90% rally in share price to lower circuit in a week| Business News

The listing of Billionbrains Garage Ventures Ltd., the operator of India’s largest online brokerage Groww, has turned out to be a lesson in market euphoria and swift correction. Groww crossed the ₹1 lakh crore market capitalisation mark in record time, an achievement that made headlines. (Bloomberg) After a spectacular post-listing rally that saw Groww’s share […]

Groww CEO Lalit Keshre’s old email resurfaces after IPO debut: ‘Good day to remember this’

As fintech startup Groww made a strong IPO debut on Wednesday, an old email from its CEO and co-founder, Lalit Keshre, has resurfaced online. Lalit Keshre is the co-founder and CEO of Groww.(X/@lkeshre) Taking to X, Shikhar Saxena, the founder of Binary and SuperDM, shared a screenshot of an email Keshre had sent him back […]

Groww shares surge as much as 21% on debut for market cap of over ₹70,000 crore| Business News

Groww parent Billionaires Garage Ventures Ltd. has listed at a premium. That gave India’s largest online broker a market capitalisation of more than ₹70,000 crore. The ₹6,630-crore Groww IPO was subscribed more than 17 times. (AI Image) Groww’s share price rose as much as 21% over the IPO price of ₹100 to ₹120.50 on the […]

GMP to IPO price and valuation, all you need to know before subscribing| Business News

Billionbrains Garage Ventures Pvt. Ltd., which operates India’s largest online broker Groww, has launched its initial public offering, underscoring the surge in retail investors in the world’s fourth-largest stock market. Groww’s valuation is seen at ₹61,735 crore in the IPO, as against ₹58,500 crore in July 2025. That’s about 30 times earnings for the fiscal […]