CosmicTaco

Groww Surpasses Zerodha with 12.59M Active Users in October

CosmicTaco · 2024-11-11T16:34:55.647433+05:30

* Bengaluru-based stock broker Groww has reached 12.59 million active traders in October, surpassing its closest competitor Zerodha. * Groww has nearly doubled its user base over the past year, while Zerodha added only 15 lakh new users. * Despite a net loss of Rs 805 crore in FY24, Groww remained operationally profitable. Source: [Entrackr](https://entrackr.com/news/groww-expands-lead-over-zerodha-with-1259-mn-active-users-october-7571205)

Bengaluru-based stock broker Groww has reached 12.59 million active traders in October, surpassing its closest competitor Zerodha.
Groww has nearly doubled its user base over the past year, while Zerodha added only 15 lakh new users.
Despite a net loss of Rs 805 crore in FY24, Groww remained operationally profitable.

Source: Entrackr

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Tag the techieroast guy 😂

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Nikhil podcast hi karte reh jayega 😫

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I don't think the Groww story is gonna continue for long. There is discontentment among the employees. Incompetence is being rewarded, competent folks are leaving. Work culture has taken a sharp downturn in the past one year.

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Groww Surpasses Zerodha with 12.59M Active Users in October

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