We are a strong and enthusiastic team focused on making financial services accessible to every Indian through a multi-product platform. Each day, we help millions of customers take charge of their financial journey.

Customer obsession is in our DNA.  Every product, every design, every algorithm down to the tiniest detail is executed keeping the customers’ needs and convenience in mind. 

Our people are our greatest strength. Everyone at Groww is driven by ownership, customer-centricity, integrity and the passion to constantly challenge the status quo. 

Are you as passionate about defying conventions and creating something extraordinary as we are? Let’s chat. 

Our Vision

Every individual deserves the knowledge, tools, and confidence to make informed financial decisions. At Groww, we are making sure every Indian feels empowered to do so through a cutting-edge multi-product platform offering a variety of financial services. 

Our long-term vision is to become the trusted financial partner for millions of Indians. 

Our Values

Our culture enables us to be what we are — India’s fastest-growing financial services company. Everyone at Groww enjoys the autonomy and flexibility to bring their best work to the table, as well as craft a promising career for themselves. 

The values that form our foundation are:
Customer centricity
Ownership-driven culture
Keeping everything simple
Long-term thinking
Complete transparency

Y Combinator

Y Combinator Continuity Fund

Ribbit Capital

Peak XV Partners

Propel VC

Tiger Global Management

Alkeon Capital

Steadfast Capital Management

ICONIQ Growth

Lone Pine Capital

Groww

Last night, our CEO, Lalit Keshre, received the Startup Award at EY Entrepreneur of the Year 2023! 🎉 

We are humbled by the love and support of millions of customers who trusted a young company like ours. 🙏 

Grateful to Hon. Union Minister of Railways, Communications, Electronics & IT  - Mr. Ashwini Vaishnaw, the jury, and EY India (EY) for this recognition. 🙌

We remain committed to serving our customers by building the most delightful financial services platform and contribute to India’s growth. 🇮🇳

#EOYIndia2023

Did you know? 🤔 Indian Railways earned a revenue of ₹2.40 Lakh Crores in FY23🤯 Read on👇

[1] Revenue & Expenses

Revenue grew 25% year-on-year📈

Total expenditure was ₹2,37,375 Cr vs ₹2,06,391 Cr. in 2021-22. Let’s understand the revenue break-up!👇

[2] Revenue breakup (Freight services)

Indian railways earns approximately 67% from the transportation of goods🚂

Freight revenue: ₹1.62 lakh crores (15% growth YoY). Commodity-wise breakup👇

Coal accounted for 48% of the total freight volume carried by Indian railways. 

Other than that, commodities like iron ore, cement, food grains, etc. drove the maximum traffic. Data for the period Jan-Dec’22.

[3] Passenger revenue

Indian Railways earned ₹63,300 Cr in passenger revenue in FY23 It grew 61% from FY22’s passenger revenue of ₹39,214 cr.

The passenger traffic in AC 3-tier rose from 1.5% in 2012 to 7.6% in 2022📈

[4] AC 3 -Tier revenue!🚉

In 2022, Indian Railways made ₹37,855 crore from non-suburban passengers. 3rd AC class accounted for ₹12,225 cr (32.3%).

IRCTC also contributes to the functioning of Indian Railways. Let's see how they make money👇

[5] IRCTC shares a part of its revenue to Indian Railways

Broadly, earnings are from:

➡️Sale of products
➡️Sale of services

So, let’s discuss in detail how IRCTC makes money?👇

[6] Sale of products

IRCTC sold packaged water (Railneer) worth ₹290 crores in FY23 (74% YoY growth).

Apart from that, IRCTC earns money from the sale of food and beverages as well.

[7] Sale of services include:

🔹Internet Ticketing
🔹Income From Catering Services
🔹Tourism & Train Operations
🔹Scrap Sale

More on it👇

[8] Internet Ticketing

Internet ticketing provides a convenient way to book tickets online.

Convenience fees account for ₹801.97 Cr revenue and are charged as follows:

🔸Non-AC: ₹15 +GST/ticket (₹10 via BHIM/UPI).
🔸AC class: ₹30 +GST/ticket (₹20 via BHIM/UPI).

[10] Catering services have generated ₹1,448.79 Cr. 

Income from on-board services on Rajdhani/Shatabdi/premium trains has yielded massive revenues, contributing ₹800 Cr.

IRCTC also generates revenue from user charges, license fees, and others at Food Plazas

[11] Maharaja Express by IRCTC earns ₹55.37 crores

The luxurious set of trains has a fare of ₹4 Lakh/adult for the basic package.

It goes up to ₹21 lakh per person for a presidential suite!👑

Liked the content? Repost it and follow Groww for more such insightful content.

RA disclaimer in comments section.

Customer obsession is about maximizing value for the customer, not extracting the most from them.

Why did Groww employees interact with CISF officers?

What is ‘Operation Bezos’?

Check out the Ep.3 of ‘Life at Groww’ where we talk about our take on ‘Customer Obsession’.

Veri gud post it iz. Yu reed yu luv it. Pinkipromis. 👇
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If things aren't checked enough before publishing, incorrect messages (like the sentence above ☝️) may actually get published.

And Lyft learned it the hard way.

Lyft is the 2nd largest online cab service provider in USA.

Recently when they announced their Q4 results, people got so cheered up by the numbers that Lyft's stock surged by 67%.

A while later, an employee caught something unusual. Something that literally 'dropped her jaw'.

The result they released had forecasted a profit margin growth for 2024 by 500 basis points, while they actually meant to say 50 basis points.

(1 basis point = 0.01%)

There was an extra zero out there.

So they bucked up courage & came out declaring that they screwed up.

As soon as the clarification went out, the boomed up stock price came rolling down.

Yet, the stock closed on a higher side that day as the results still matched analyst expectations.

But it's not the first time in history when small typos made big blunders.

In 1962, NASA's satellite mission for Venus 'Mariner 1' failed during the launch.

Reason: a typo in the launch vehicle's software code.

And do you know that the founders of Google had a different name in mind for the company, the name 'Google' is actually a result of a typing error.

Do you know what was the originally intended name?

Tell us in the comments, and share this post if you liked it.

A financial services platform offering investment and wealth management services.

etmoney.com

The official website of the National Stock Exchange of India, providing market data, trading information, and educational resources.

nseindia.com

An online financial services provider offering stock trading, mutual funds, and insurance products.

5paisa.com

An investment and wealth management platform providing a range of financial products and services.

angelone.in

An online investment platform offering mutual funds and direct plans for investors.

Kuvera

A financial services platform providing investment opportunities and portfolio management tools.

StockGro

An investment platform offering personalized investment advice and wealth management services.

Orowealth

An online trading platform offering stock trading, derivatives, and commodities trading.

Upstox

A wealth management platform providing investment advisory and financial planning services.

Fisdom

An online discount brokerage offering trading and investment services in equities, commodities, and currencies.

SAMCO

A financial services company offering brokerage and investment services with a focus on low-cost trading.

Finvasia

Groww is a financial services platform in India that provides investment solutions for mutual funds, stocks, US Stocks, ETFs, IPO, and F&Os, aiming to simplify the investing process for users.

Head - Consumer Durable Finance, Central Business & Partnerships

Head of Affordability, Product and Banking Partnerships

Director & Head - Payment Acceptance & Strategic Partnerships

Head of Payment Acceptance & Partnerships

Associate Director - Partnerships & Co-Brand Cards

Regional Manager - Merchant Engagement, South India

Strategic Acquisition Manager - India

Relationship Manager

Fintech | Lending | Payments | Alliances

John Choudhury

Associate Director

Senior Manager

Manager

Assistant Manager

Finance Analyst

Manohar Surathu

Director of Operations

Associate Director Of Operations

Head Of Operations

Head of Operations and Compliance

Compliance Officer

Director, Groww

Kunal Anand

VP Operations

Head Operations & Product Management

Manager Accounts

Finance executive

Executive

Head Of Operations at Groww, India

Bhaskar Banerjee

Head of Data Science and Analytics

Senior Manager - Data Science

Manager - DS

Manager - Analytics

Consultant

Business Analyst

Senior Business Analyst

Head of Data Science and Analytics at Groww, India

Jatin Dixit

Associate Director - Legal & Compliance

Assistant Vice President Compliance

Compliance At GROWW, India

Gaurav Seth

Sr Director - Compliance

Compliance Director

Sr. Director - Compliance at Groww, India

Manishkumar Sabu

Director Of Engineering

Associate Architect

Senior Principal Software Engineer

Principal Member Of Technical Staff

Senior Member Of Technical Staff

Software Developer

Senior Data Systems Engineer

Data & Growth Platform at Groww

Saurabh Dubey

Chief Compliance Officer

Head - Compliance & Secretarial

Company Secretary

Assistant Company Secretary

Chief Compliance Officer at Groww

Ashutosh Naik

Head

Head Of Group FP&A (Corporate Finance)

Senior Director Business Finance

Senior Director Finance Controller

Financial Controller

Senior Manager FP&A

Head Reavenue Reporting Africa

Assisstant Manager

Head of Finance & Corp Dev at Groww; Ex- Flipkart; Ex-Airtel;

Lalit Bhimani

Director Corporate Development

Vice President - Venture Capital

Associate

Associate Vice President

Equity Research Analyst

Director - Corporate Development At Groww

Shiv Tallam

Assistant Vice President

Head Reconciliation

Sr. Manager

Tiruvannamalai		Manager & Operations Head

Deputy Manager

Manager and Operations Head - Retail Operations

Sathish T

Head - Data Science

Practice Head - Data Science

Lead

Specialist

Senior Analyst

Assistant Manager - Sales and Marketing

Manager , Sales and Marketing

Summer InternshipTrainee

Data Science @ Groww | Analytics & Decision Strategy | Building ML Solutions | IIM-A

Gaurav Kamboj

Head of Risk

National Head- Risk- Personal Loans

National Risk Manager- Personal Loans

National Risk Manager- Professional loans

Manager- Credit Cards Underwriting

Subprime Mortgage Underwriter

Head-Risk Management

Deepak Wagh

Head of Product Design at Groww | Prev.

Director of Product Design

Design Lead

Senior Product Designer

Design Team Lead

Product Designer

Designer and Developer

Head of Product Design at Groww | Prev. at Uber, Flipkart

Adit Gupta

Director- Business Finance | FPnA | Treasury

Associate Director - Business Finance | Treasury

Assistant General Manager - Controllership | Treasury

Senior Director- Groww | Ex- Flipkart

Ankit Kothari

Co-Founder & COO

Product Manager

Director Business Development

Founder

Intern, Media & Communication Institute, University of Applied Sciences

Building Groww!

Harsh Jain

Founder at WeGroww Solutions

Wegroww Solutions

Co-Founder & CTO

Senior Software Engineer

Software Engineer

It's all about Team | Crazy Ideas | Lots of Fun

Neeraj Singh

Director of Engineering

Engineering Leader

Senior Engineering Manager

Engineering Manager

SDE III

SDE II

Intern

Director of Engineering @ Groww | Hiring SDE 2, SDE3, SDE 4

Avnish Gupta

Chief Information Security Officer

Business Information Security Officer

Senior Security Architect

Security Architect

Security Analyst 4

Security Engineer level 3

Sr Security Engineer

Senior Security Engineer

Security Engineer

CISO at Groww | Ex-Flipkart | Ex-PayPal

Prajal Kulkarni

Vice President Operations

Head-Operations and Risk

Asst Vice President and Operations Head, Yes securities

Unit Head operations

Settlement Head

Asst Manager

Head of Operations at Groww, India

Beejish Pillai

Director Program Management/TPM

Associate Program Director

Head of Program Management/TPM & Strategy @ Groww | Ex - Flipkart | Mobile Premier League (MPL) | Nearbuy.com, Groupon | E-commerce | Fintech | PMO

Varun Sekharan

industry trends dossier	dataroom
company dossier	dataroom
network	dataroom
network mapping	dataroom
transactions dossier	dataroom
network onboarding	dataroom	Mar 7, 2024 9:39 PM	b7ff480d
news impact assignment basic	general	Mar 7, 2024 9:39 PM	ad224300
public peers	general
news daily refresh	general	Aug 6, 2024 10:30 PM	04269482
news processing daily refresh	general	May 31, 2024 6:43 AM	edd556ae
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news processing basic	general	Mar 7, 2024 9:39 PM	05d2bfdb
company summary	general	May 31, 2024 6:53 AM	5c64e1b1
signals	general	Mar 7, 2024 9:39 PM	feaf07d2
news advanced	general
news impact assignment advanced	general
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peers	general	Mar 7, 2024 9:39 PM	df5dfbce
news basic	general	Mar 7, 2024 9:39 PM	f260cd89
events	markdown
bundesanzeiger	filings
financial statements	filings
regulatory analysis	company_analysis
industry analysis	company_analysis
competition analysis	company_analysis
financial legal advisories	company_analysis
merger acquisitions	company_analysis
swot analysis	company_analysis
financial analysis	company_analysis
purchaser profile	merger_acquisitions
customer profile	customers

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