Groww Becomes India's Largest Stockbroker, Set to IPO
Groww, a Bengaluru-based online stockbroking platform, has emerged as India's largest, boasting over 12 million users. Founded in 2016 by Lalit Keshre, the company is now valued at $7 billion and is set to go public.
Lalit Keshre, hailing from a small village in Madhya Pradesh, has come a long way. Before Groww, he worked at Microsoft and Flipkart, and experimented with startups in med-tech and online jobs. His journeys have been marked by persistence, timing, and teamwork.
Groww's success lies in its educational resources and behavioral nudges that encourage long-term financial discipline. The platform integrates these features to help users make informed decisions. Keshre's leadership philosophy involves regularly questioning assumptions and feeling 'stupid' every six months to stay innovative.
Lalit Keshre's first exposure to entrepreneurship and capital markets came during his IIT Bombay days through a wingmate's internship. Today, he is featured in TIME's 2025 list of the World's Most Influential Rising Stars. Groww, now a unicorn, is preparing for an IPO, marking another significant milestone in Keshre's entrepreneurial journey.
