# Groww Invest Tech Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/groww-invest-tech-private

- Industry: Financial Services
- Headquarters: Bangalore, India
- Website: www.groww.in
- Total disclosed funding: $595M
- Latest round: Series F (Jun 12, 2025)
- Investors on record: 14

## About

Founded in 2016 and based in Bangalore, India, Nextbillion Technology, doing business as Groww, operates as a developer of a web and mobile application that allows users to directly invest in mutual funds and manage their investment portfolio. The company was founded by its CEO Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal. In June 2025, Groww Invest Tech Private Limited raised USD 200 million in series F funding led by GIC, with participation from ICONIQ Capital. Groww allows users to invest in stocks, mutual funds, exchange-traded funds, IPOs, systematic investment planning, equity-linked savings and gold. The company also offers e-books, SIP calculators, and resources on cryptocurrency along with insights about mutual funds, systematic investment planning, equity-linked savings, and everything from the personal finance world to help new investors. Groww charges customers around INR 20 or 0.05% whichever is lower for each executive order on the stock as the brokerage fee. In 2020, Groww generated a revenue of INR 76.16 lakh that is an 823% year-on-year growth compared to the revenue of INR 8.25 lakh made in 2019. In June 2025, Groww Invest Tech Private Limited raised USD 200 million in venture funding led by new investor GIC. During the same period, Groww’s expenses grew by 2,703%, from INR 31.76 lakh in 2019 to INR 8.69 Cr in 2020.

## Funding rounds

- Series F, Jun 12, 2025, $200M — GIC, ICONIQ Capital
- Series E, Oct 24, 2021, $251M — Hong Shan, Tiger Global Management, Steadfast Capital Management, Alkeon Capital Management, Lone Pine Capital, Y Combinator, ICONIQ Capital, Ribbit Capital, Propel
- Series D, Apr 7, 2021, $85M — Hong Shan, Tiger Global Management, Y Combinator, Ribbit Capital, Propel
- Series C, Sep 10, 2020, $30M — Hong Shan, Y Combinator, Ribbit Capital, Propel
- Series B, Sep 19, 2019, $21M — Hong Shan, Y Combinator, Ribbit Capital
- Series A, Jan 23, 2019, $6.2M — Hong Shan, Y Combinator, Propel, Kauffman Fellows
- Seed, Jul 9, 2018, $1.6M — Y Combinator, Kairos, Insignia Ventures Partners, Lightbridge Partners

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A, Series B, Series C, Series D, Series E
- Kairos (https://capitalatlas.ai/funds/kairos) — Seed
- Insignia Ventures Partners (https://capitalatlas.ai/funds/insignia-ventures-partners) — Seed
- Lightbridge Partners (https://capitalatlas.ai/funds/lightbridge-partners) — Seed
- Hong Shan — Series A, Series B, Series C, Series D, Series E
- Propel (https://capitalatlas.ai/funds/propel) — Series A, Series C, Series D, Series E
- Kauffman Fellows (https://capitalatlas.ai/funds/kauffman-fellows) — Series A
- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series B, Series C, Series D, Series E
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series D, Series E
- Steadfast Capital Management — Series E
- Alkeon Capital Management (https://capitalatlas.ai/funds/alkeon-capital-management) — Series E
- Lone Pine Capital — Series E
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series E, Series F
- GIC — Series F