Billionbrains Garage Ventures Ltd Company Summary

Billionbrains Garage Ventures Limited was incorporated as Billionbrains Garage Ventures Private Limited on January 9, 2018, as a private limited Company on January 17, 2018. Pursuant to the Scheme of Amalgamation, approved by the National Company Law Tribunal, Bengaluru Bench on March 28, 2024, Groww Inc., the erstwhile holding company was amalgamated into and with the Company. Further, the status of the Company was converted into a Public Limited Company and the name was changed to Billionbrains Garage Ventures Limited, and a fresh Certificate of Incorporation dated April 11, 2025 issued by the Registrar of Companies, Central Processing Centre.Company is a direct-to-customer digital investment platform that provides multiple financial products and services.

It is primarily engaged in the business of software designing, maintenance, testing and benchmarking, designing, developing computer software and solutions and consultancy services. The Company operates the web & app based technology platform, Groww.With Groww, customers invest and trade in stocks via IPOs, derivatives, bonds, mutual funds and other products. They also avail margin trading facility and personal loans.

In 2017, Company launched Mutual Funds Distribution on Web and App, on Google Play1 and launched stock trading on the Groww platform further in 2018. It began subscription of equity shares in initial public offerings, exchange-traded funds, intraday trade and futures and options on the Groww platform in 2022. Company introduced equity-linked derivatives trading for customers in 2022.

It launched personal loan products through partnerships with bank and NBFCs on the Groww Platform in 2023. The Company became the largest stock broker on the NSE by number of active users in 2023. In 2024, Company launched the Groww Mutual Funds first NFO - Nifty Total Market Index Fund and launched Margin Trading Facility product in 2025.Company is planning the Initial Public Offering by raising money aggregating to Rs 1060 Cr equity shares of face value of Rs 2 each and by issuing 574,190,754 equity shares through offer for sale.