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    Groww

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    Kate p
    1. Groww is a digital investment platform that allows users to invest in stocks and mutual funds with zero brokerage fees through a DIY model. 2. The platform generates revenue by charging mutual fund companies for selling their funds, rather than charging users fees. 3. While reviews indicate room for improvement in customer service and responsiveness, Groww has experienced significant funding success, raising over $140 million from investors like Tiger Global and Y Combinator.

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    Groww

    Uploaded by

    Kate p
    45 views2 pages
    1. Groww is a digital investment platform that allows users to invest in stocks and mutual funds with zero brokerage fees through a DIY model. 2. The platform generates revenue by charging mutual fund companies for selling their funds, rather than charging users fees. 3. While reviews indicate room for improvement in customer service and responsiveness, Groww has experienced significant funding success, raising over $140 million from investors like Tiger Global and Y Combinator.

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    groww

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    1. Groww is a digital investment platform that allows users to invest in stocks and mutual funds with zero brokerage fees through a DIY model. 2. The platform generates revenue by charging mutual fund companies for selling their funds, rather than charging users fees. 3. While reviews indicate room for improvement in customer service and responsiveness, Groww has experienced significant funding success, raising over $140 million from investors like Tiger Global and Y Combinator.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    45 views2 pages

    Groww

    Uploaded by

    Kate p
    1. Groww is a digital investment platform that allows users to invest in stocks and mutual funds with zero brokerage fees through a DIY model. 2. The platform generates revenue by charging mutual fund companies for selling their funds, rather than charging users fees. 3. While reviews indicate room for improvement in customer service and responsiveness, Groww has experienced significant funding success, raising over $140 million from investors like Tiger Global and Y Combinator.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    What all needs to be covered: 

    1. Business Model 
    2. Products 
    3. USP/Differentiation 
    4. Revenues 
    5. Funding 
    6. Overall reviews 
    7. Pain points which are not yet addressed
     
     

     Groww
    Business Model: Groww follows a DIY (Do It Yourself) model for its users, in which investors
    establish and manage their own investment portfolios individually without any third party, which is
    preferred by most GenC’s.
    The company’s mission state is to give investors the best experience possible when it comes to
    managing money.

    Groww Business Model works on the concept of making money by charging Mutual fund provider
    companies instead of charging their users which is why Groww is called a direct mutual fund and
    Also it is why Groww Markets itself as Least Fee Charging Mutual Fund and Stock Broker Company.

    But the company profit is replyed on the funds they sell, which is a very complex process. let’s
    understand how it works

     
    Products: Free account on the platform
    ·      Stock Market trading
    ·      MF
    ·      US Stocks
    ·      FDs

    Calculators: 
    1.     SIP
    2.     Lumpsum
    3.     SWP
    4.     MF
    5.     SSY
    6.     PPF
    7.     EPF
    8.     FD
    9.     RD
    10.  NPS
    11.  HRA
    12.  Retirement
    13.  EMI
    14.  Car Loan EMI
    15.  Home Loan EMI
    16.  Simple Interest
    17.  Compound Interest
    18.  NSC
    19.  Income TAX
    20.  Gratuity
    21.  APY
    22.  CAGR
    23.  GST
    24.  Flat vs reducing Rate
    25.  Brokerage
    26.  Margin

    USP:
    Revenues:
    The company’s profits increased 4.7 times To over Rs 1 crore in FY20 from Rs 20.14 lakhs in FY19.
    Operating income increased 3.25 times to Rs 52.05 lakhs, with financial assets making an additional
    contribution of Rs 48.24 lakhs.
    Funding:

    7th April 2021 $83 Million Tiger Global Management

    10th September $30 Million Y Combinator Continuity Fund


    2020

    18th September $21.4 Ribbit Capital


    2019 Million

    23rd January 2019 $6.2 Million Sequoia Capital India

    9th July 2019 $1.6 Million Nsignia Ventures Partners, Lightbridge Partners, Kairos and
    others.

    Overall reviews on playstore/appstore: out of 5


    1. 3 stars on mouthshut.com 
    2. 3.1 stars on select.finology.in

    Pain points: 
     very bad customer service: slow nominee adding process
     Some tickets raised by clients are closed without addressing it
     Clients want to switch to different platforms, account info not easily accessible by clients.

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