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Groww dethrones Zerodha as India's top brokerage in active investors

Shortpedia

Content Team
Image Credit: twitter

Groww has surpassed Zerodha as India's top brokerage in terms of active investors. Data from the National Stock Exchange (NSE) reveals that Groww boasts 66.3 lakh active investors, while Zerodha has 64.8 lakh as of September 2023. This marks a major shift from March 2021 when Zerodha had 34 lakh customers and Groww had a mere 7.8 lakh. While Zerodha's user base has doubled since then, Groww's customer base has skyrocketed by 750%.