Billionbrains Garage Ventures (Groww) – Origin, Story, Achievements & Milestones

Billionbrains Garage Ventures Limited (BGVL) is the parent company of Groww, one of India’s most popular online investing platforms. Launched to make investing simple for everyone, Groww has quickly become a household name in India’s financial world.

Origin & Story of Groww

Groww started in 2016, founded by four ex-Flipkart employees — Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal. The idea was simple: investing in India should be as easy as shopping online. In 2017, Groww rolled out as a direct mutual fund app. Soon, it expanded into stocks, IPOs, ETFs, digital gold, futures & options, and fixed deposits. Its holding company, Billionbrains Garage Ventures, was incorporated in 2018 to back Groww’s vision of creating a one-stop online platform for Indian investors.

Achievements of Groww

• Became one of the largest stockbrokers in India by active clients on NSE.

• Attracted funding from global investors like Tiger Global, Sequoia, GIC, and Ribbit Capital.

• Valued at around $7 billion (2025), making Groww one of India’s top fintech players.

• Trusted by millions of retail investors, especially in smaller towns and cities.

Key Milestones of Groww

• 2016 – Groww founded in Bengaluru.

• 2017 – Launch of Groww app for direct mutual fund investing.

• 2020 – Groww expanded into stock trading and other investment products.

• 2018–2019 – Creation of Billionbrains Garage Ventures as Groww’s parent company.

• 2023–2024 – Corporate restructuring and conversion into a public limited company.

• 2025 – Groww filed for IPO, reporting strong profits and revenue growth.

Groww Today

Today, Groww is more than just an app — it’s a platform where millions of Indians invest in mutual funds, stocks, IPOs, ETFs, and more with just a few clicks. Backed by Billionbrains Garage Ventures, Groww continues to focus on its mission: making investing simple, accessible, and secure for every Indian.

Billionbrains Garage Ventures Limited Share Price, Share Details as of March 31, 2025

 Billionbrains Garage Ventures Limited Incorporation Details

 Billionbrains Garage Ventures Limited Board of Directors

Billionbrains Garage Ventures Limited Particulars of subsidiary

S. No.	Name of the Company	Holding/ Subsidiary/ Associate
1.	Groww Invest Tech Private Limited	Wholly Owned Subsidiary
2.	Groww Creditserv Technology Private Limited	Wholly Owned Subsidiary
3.	Groww Asset Management Limited	Wholly Owned Subsidiary
4.	Groww Trustee Limited	Wholly Owned Subsidiary
5.	Groww Pay Services Private Limited	Wholly Owned Subsidiary
6.	Groww Wealth Tech Private Limited	Wholly Owned Subsidiary
7.	Groww Serv Private Limited	Wholly Owned Subsidiary
8.	Neobillion Fintech Private Limited	Wholly Owned Subsidiary
9.	Billionblocks Finserv Private Limited	Wholly Owned Subsidiary
10.	Groww Insurance Broking Private Limited	Wholly Owned Subsidiary
11.	Groww IFSC Private Limited	Wholly Owned Subsidiary

Billionbrains Garage Ventures Limited Principal Business Activities

 Billionbrains Garage Ventures Limited Shareholding Pattern (as on 2025)