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Daybreak — India’s largest stockbroker, Groww, is banking on the rich to sell its IPO story
Buzzing ratingBUZZING· 70%10m·2025-09-15·News Politics

India’s largest stockbroker, Groww, is banking on the rich to sell its IPO story

Daybreak · 577

India’s largest stockbroker, Groww, is chasing an ambitious IPO. But behind the headlines, its core broking business is under stress. Its clients are leaving, regulations are squeezing revenues, and profits are wobbling. To keep its $7–8 billion valuation intact, Groww is making big moves. It's acquiring loss-making…

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