Groww's IPO: A Different Approach to Growth
TL;DR
Groww's IPO raised Rs 6,000 crore, boosting investor value and focusing on trust, tech, and expansion. In contrast, Zerodha stays bootstrapped and profitable, prioritizing long-term customer interests without IPO pressures.
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Groww, India's largest stock broker by active traders, raised Rs 6,000 crore from its IPO, creating over Rs 30,000 crore in investor value. Co-founder Lalit Keshre stated the listing was about trust and accountability, strengthening the brand, expanding technology infrastructure, and scaling new businesses. In contrast, Zerodha, India's second largest stockbroker, remains entirely bootstrapped and profitable, with no plans to go public, allowing the company to act purely in customers' long-term interests without worrying about investor exits or market expectations.
