Why Groww Wants To Be Everything At Once
India, July 20 -- As India's largest stockbroker expands into wealth management, AI, global investing, lending and asset management, the next question is whether it can successfully build multiple businesses without losing focus.
Groww's product pipeline for the next one to two years "looks very strong", according to its management. The online brokerage is preparing to launch US stocks after securing the necessary GIFT City approvals, while simultaneously scaling its affluent-focused wealth platform W, expanding its asset management business, growing its lending portfolio through loans against securities (LAS), deepening its presence in commodity derivatives and embedding artificial intelligence across its platform.
"W is going to be a ...
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