Groww’s New Verticals Gain Ground As Revenue Mix Shifts
Groww’s New Verticals Gain Ground As Revenue Mix Shifts
As per Groww, newer customers (post-2023) are joining the platform via mutual funds and ETFs rather than direct stocks due to market volatility since September 2024
Groww is looking to further scale up its wealthtech, asset management company (AMC) and consumer credit businesses
Groww recorded a spike in income, its revenue mix also shifted. Its core offerings like mutual funds, equity derivatives, and stocks zoomed on a yearly basis
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Over the past few years, Groww has made strategic moves to diversify revenue and reduce reliance on a few verticals. These efforts........
