Groww

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This article was considered for deletion at Wikipedia on February 13 2019. This is a backup of Wikipedia:Groww. All of its AfDs can be found at Wikipedia:Special:PrefixIndex/Wikipedia:Articles_for_deletion/Groww, the first at Wikipedia:Wikipedia:Articles_for_deletion/Groww. Purge

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Groww is an India-based Y Combinator backed online investment platform.[1] Headquartered in Bengaluru, Groww allows investors to open an account electronically and transact in mutual funds online. As of June 2018, Groww had partnered with 34 mutual fund houses [2] and around 5000 mutual funds [3] were available on the platform. Groww also provides a mutual fund explorer with information including past performance and stocks held.

Features

The app and its services are available free-of-charge to the customer, with direct mutual fund plans made available in April, 2018.[4]

History and Funding

Groww was founded by former Flipkart employees Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal. It received seed capital from investors[5] including Y Combinator, Mukesh Bansal and Ankit Nagori in January 2018. It raised further $1.6 million, in June 2018, in a pre-series A funding round from Insignia Venture Partners, America's Lightbridge Partners and Kairos fund[6]

References

External links


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