| Broking | Stock trading, equity and commodity derivatives, IPO subscriptions, margin trading facility | Strong brand, scalable technology, largest active user base, regulatory approvals | Retail individual investors across India (B2C) | Derivative trading and margin finances | 125523 | 58 | Transaction commissions, margin interest, brokerage fees | Fee per transaction and interest on margin usage | Increasing stock market participation, product expansions like commodity derivatives, margin trading | Groww Equities, Groww Derivatives, Groww Commodity Derivatives |
| Others | Mutual fund investment and distribution, personal loans via NBFC partnerships, asset management services | Integrated product ecosystem, trusted brand, established distribution and partnerships | Retail investors, loan borrowers (B2C) | Asset management and personal loans | 91512 | 42 | Commissions, loan interest income, asset management fees | Commission-based and interest income | Rising mutual fund investments, loan product launches, strategic acquisitions | Groww Mutual Funds, Groww Personal Loans, Groww Asset Management |
