Billionbrains Garage Ventures Limited IPO

Incorporated in 2017, Groww is a Bengaluru-based fintech company that provides retail investors direct-to-customer digital investment platform that provides wealth creation opportunities to customers through multiple financial products and services. The company offers platform to invest in mutual funds, stocks, F&O, ETFs, IPOs, digital gold, and U.S. stocks. Its mobile app is particularly popular among mutual fund investors. Groww also offers value-added services such as Margin Trading Facility (MTF), algorithmic trading, New Fund Offers (NFOs), and credit solutions. Business Model Growing its customer base and Expanding its relationship with customers Products & Services: Broking services which includes Stocks and Derivatives Products which includes Mutual Funds, MTF, Credit and Groww AMC As of June 30, 2025, the company had 1415 employees. Competitive Strengths: “Groww” is a well-known and preferred brand for investing across cities, towns and villages in India. High customer retention, engagement and price in-elasticity. Customer-friendly design for enhancing investing experience. In-house technology stack to deliver a differentiated experience at low cost. Entrepreneurial and ownership-driven culture Strong execution delivering growth and profitability

Expenditure towards cloud infrastructure Brand building and performance marketing activities Investment in one of the Material Subsidiaries, GCS, an NBFC, for augmenting its capital base Investment in one of the Material Subsidiaries, GIT, for funding its MTF business Funding inorganic growth through unidentified acquisitions and general corporate purposes