Groww surpasses Zerodha in active investor count
Groww has recorded phenomenal growth, going from approximately 0.78 million users in FY21 to 3.85 million in FY22 and 5.78 million investors in FY23. The growth has come amid fierce competition from rivals such as HDFC Bank, which launched the Sky discount broking app.
Startups like Groww and Upstox have become popular as they don't charge customers for opening accounts or annual maintenance, image- Pixabay