About Billionbrains Garage Ventures Limited
Data last updated: 23 December 2025
Billionbrains Garage Ventures Limited is a public limited company based in Bangalore South, Karnataka, India, a subsidiary of Groww Inc. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 09 January 2018, the company has been in operation for over 8 years.
Registered with ROC Bangalore under CIN U72900KA2018PLC109343.
Capital: an authorised share capital of ₹5,000 Cr and a paid-up capital of ₹1,234.72 Cr. It is led by directors including Lalit Keshre and Ashish Agrawal.
Last AGM: 02 September 2025. Financial statements filed for year ended 31 March 2025. Office: Vaishnavi Tech Park, Bangalore South, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,061.65 Cr, a growth of 45% compared to the previous year.
The company has a workforce of approximately 463 employees as per the latest available data. It operates as a subsidiary of Groww Inc. Its group structure includes 8 subsidiaries.
The company is associated with 1 brand - Groww.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website groww.in.
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Email*****@*****.com
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Registered AddressVaishnavi Tech Park South Tower 3Rd Floor, Survey No.16/1 And 17/2 Ambalipura Village Varthur Hobli, Bangalore South, Karnataka, India – 560103
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IndustryInformation Technology, Application Development & Software Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Billionbrains Garage Ventures Limited
Billionbrains Garage Ventures Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L72900KA2018PLC109343, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72900KA2018PLC109343 | Current |
| U72900KA2018FTC109343 | Previous |
| U72900KA2018PLC109343 | Previous |
Associated Brands with Billionbrains Garage Ventures Limited
Billionbrains Garage Ventures Limited operates one associated brand: Groww. These brands represent Billionbrains Garage Ventures Limited's diversified market presence and brand portfolio.
Competitors & Alternatives of Billionbrains Garage Ventures Limited
Brands and companies operating in the same space as Billionbrains Garage Ventures Limited include Angel One, Upstox, Fisdom and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Angel One
|
App-based brokerage stock trading platform | Mumbai, India, India | 1996 |
Upstox
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Tech-driven trading platform is offered for low-cost brokerage services. | Mumbai, India, India | 2009 |
Fisdom
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Online investment and wealth management services are provided digitally. | Bengaluru, India, India | 2015 |
Tiger Brokers
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Online trading of stocks, securities, and options is enabled. | Beijing, China, China | 2014 |
Interactive Brokers
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Provider of online brokerage services and trading platforms | Greenwich, United States, United States | 1977 |
Kotak Securities
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Online platform for stock trading, mutual funds, and investment tools. | Mumbai, India, India | 1994 |
5paisa Capital
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Broker-based online platform for trading and investments is provided. | Thane, India, India | 2007 |
Auditor Details of Billionbrains Garage Ventures Limited
Billionbrains Garage Ventures Limited is audited by M/s B S R & Co. LLP (ICAI peer reviewed, certificate valid till 2028-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s B S R & Co. LLP (ICAI peer reviewed, certificate valid till 2028-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Billionbrains Garage Ventures Limited
Billionbrains Garage Ventures Limited is currently managed by 11 directors, with 11 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Lalit Keshre
Also directs:
Billionbrains Garage Ventures Limited, Stargazer Growth Llp, Groww Invest Tech Private Limited and 1 more
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Ceo | 08 Apr 2025 | 1 Years 3 Months | Current |
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Ashish Agrawal
Also directs:
Billionbrains Garage Ventures Limited, Mettle Solutions Llp, Mettle Capital Management Llp and 3 more
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Nominee Director | 09 May 2024 | 2 Years 2 Months | Current |
| Gaurang Balkrishna Shah | Director | 07 Jun 2024 | 2 Years 1 Months | Current |
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Harsh Jain
Also directs:
Billionbrains Garage Ventures Limited, Groww Creditserv Technology Private Limited, Stargazer Growth Llp and 3 more
|
Whole-Time Director | 31 Jan 2018 | 8 Years 5 Months | Current |
| Neeraj Singh | Whole-Time Director | 27 Mar 2023 | 3 Years 3 Months | Current |
|
Ishan Bansal
Also directs:
Billionbrains Garage Ventures Limited, Groww Creditserv Technology Private Limited, Groww Invest Tech Private Limited and 1 more
|
Cfo | 08 Apr 2025 | 1 Years 3 Months | Current |
Financials of Billionbrains Garage Ventures Limited FY 2026 filings available
Billionbrains Garage Ventures Limited reported revenue of ₹4,644.58 Cr (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹4,644.58 Cr |
| Other Income | ₹171.3 Cr |
| Total Income | ₹4,815.88 Cr |
| Cost of Materials Consumed | ₹0 |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | ₹0 |
| Employee Benefit Expense | ₹590.83 Cr |
| Finance Costs | ₹45.94 Cr |
| Depreciation & Amortisation | ₹47.87 Cr |
| Other Expenses | ₹1,307.35 Cr |
| Total Expenses | ₹1,991.99 Cr |
| Profit Before Exceptional Items & Tax | ₹2,823.88 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹2,823.88 Cr |
| Total Tax Expense | ₹738.41 Cr |
| Net Profit | ₹2,083 Cr |
| attributable to Owners | ₹2,083 Cr |
| attributable to NCI | ₹0 |
| Other Comprehensive Income | ₹18.01 Cr |
| Total Comprehensive Income | ₹2,101.01 Cr |
| EBITDA (computed) | ₹2,917.7 Cr |
| Basic EPS | ₹3.47 |
| Diluted EPS | ₹3.40 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹18,541 Cr |
| Non-current Assets | ₹4,204.37 Cr |
| Current Assets | ₹14,337 Cr |
| Property, Plant & Equipment | ₹21.81 Cr |
| Inventories | ₹0 |
| Trade Receivables | ₹277.46 Cr |
| Cash & Equivalents | ₹1,165.47 Cr |
| Equity (Net Worth) | ₹9,651.36 Cr |
| Equity Share Capital | ₹1,247.81 Cr |
| Borrowings (Non-current) | ₹14.55 Cr |
| Borrowings (Current) | ₹209.46 Cr |
| Total Debt (computed) | ₹224.01 Cr |
| Current Liabilities | ₹8,766.01 Cr |
| Total Liabilities | ₹8,889.57 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | -₹20.6 Cr |
| Investing Cash Flow | -₹1,350.71 Cr |
| Financing Cash Flow | ₹2,175.47 Cr |
| Capital Expenditure | ₹12.08 Cr |
| Free Cash Flow (computed) | -₹32.68 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | ₹804.36 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 |
|---|---|---|---|
| Revenue from Operations | ₹1,505.37 Cr | ₹1,216.07 Cr | ₹1,018.74 Cr |
| Other Income | ₹30.17 Cr | ₹45 Cr | ₹52.06 Cr |
| Total Income | ₹1,535.54 Cr | ₹1,261.07 Cr | ₹1,070.8 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹173.4 Cr | ₹157.05 Cr | ₹123.76 Cr |
| Finance Costs | ₹8 Cr | ₹10.5 Cr | ₹11.03 Cr |
| Depreciation & Amortisation | ₹24.46 Cr | ₹9.48 Cr | ₹6.8 Cr |
| Other Expenses | ₹393.32 Cr | ₹338.54 Cr | ₹291.01 Cr |
| Total Expenses | ₹599.18 Cr | ₹515.56 Cr | ₹432.6 Cr |
| Profit Before Exceptional Items & Tax | ₹936.36 Cr | ₹745.52 Cr | ₹638.2 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹936.36 Cr | ₹745.52 Cr | ₹638.2 Cr |
| Total Tax Expense | ₹249.34 Cr | ₹197.92 Cr | ₹166.34 Cr |
| Net Profit | ₹686.35 Cr | ₹546.93 Cr | ₹471.34 Cr |
| attributable to Owners | ₹686.35 Cr | ₹546.93 Cr | ₹471.34 Cr |
| attributable to NCI | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | ₹10.32 Cr | ₹0 | ₹8.99 Cr |
| Total Comprehensive Income | ₹696.67 Cr | ₹546.93 Cr | ₹480.33 Cr |
| EBITDA (computed) | ₹968.81 Cr | ₹765.49 Cr | ₹656.03 Cr |
| Basic EPS | ₹1.11 | ₹0.89 | ₹0.79 |
| Diluted EPS | ₹1.09 | ₹0.87 | ₹0.77 |
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹3,059.03 Cr |
| Other Income | ₹273.73 Cr |
| Total Income | ₹3,332.75 Cr |
| Cost of Materials Consumed | ₹0 |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | ₹0 |
| Employee Benefit Expense | ₹296.55 Cr |
| Finance Costs | ₹2.66 Cr |
| Depreciation & Amortisation | ₹25.56 Cr |
| Other Expenses | ₹826.82 Cr |
| Total Expenses | ₹1,151.58 Cr |
| Profit Before Exceptional Items & Tax | ₹2,181.17 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹2,181.17 Cr |
| Total Tax Expense | ₹551.43 Cr |
| Net Profit | ₹1,629.74 Cr |
| Other Comprehensive Income | ₹18.88 Cr |
| Total Comprehensive Income | ₹1,648.61 Cr |
| EBITDA (computed) | ₹2,209.38 Cr |
| Basic EPS | ₹2.72 |
| Diluted EPS | ₹2.66 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹8,953.25 Cr |
| Non-current Assets | ₹4,966.51 Cr |
| Current Assets | ₹3,986.74 Cr |
| Property, Plant & Equipment | ₹17.36 Cr |
| Inventories | ₹0 |
| Trade Receivables | ₹323.86 Cr |
| Cash & Equivalents | ₹527.92 Cr |
| Equity (Net Worth) | ₹8,359.03 Cr |
| Equity Share Capital | ₹1,247.81 Cr |
| Borrowings (Non-current) | ₹0 |
| Borrowings (Current) | ₹0 |
| Total Debt (computed) | ₹0 |
| Current Liabilities | ₹540.23 Cr |
| Total Liabilities | ₹594.22 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | ₹1,779.44 Cr |
| Investing Cash Flow | -₹3,959.65 Cr |
| Financing Cash Flow | ₹2,594.19 Cr |
| Capital Expenditure | ₹9.9 Cr |
| Free Cash Flow (computed) | ₹1,769.54 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | ₹413.98 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 |
|---|---|---|---|
| Revenue from Operations | ₹962.78 Cr | ₹784.93 Cr | ₹687.87 Cr |
| Other Income | ₹88.13 Cr | ₹75.95 Cr | ₹68.32 Cr |
| Total Income | ₹1,050.91 Cr | ₹860.87 Cr | ₹756.19 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹87.09 Cr | ₹67.64 Cr | ₹65.54 Cr |
| Finance Costs | ₹1.15 Cr | ₹88.8 Lakh | ₹26.3 Lakh |
| Depreciation & Amortisation | ₹7.1 Cr | ₹6.58 Cr | ₹5.79 Cr |
| Other Expenses | ₹224.75 Cr | ₹212.64 Cr | ₹199.55 Cr |
| Total Expenses | ₹320.09 Cr | ₹287.74 Cr | ₹271.14 Cr |
| Profit Before Exceptional Items & Tax | ₹730.81 Cr | ₹573.13 Cr | ₹485.05 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹730.81 Cr | ₹573.13 Cr | ₹485.05 Cr |
| Total Tax Expense | ₹189.45 Cr | ₹144.68 Cr | ₹131.02 Cr |
| Net Profit | ₹541.36 Cr | ₹428.45 Cr | ₹354.03 Cr |
| Other Comprehensive Income | ₹10.6 Cr | ₹0 | ₹8.99 Cr |
| Total Comprehensive Income | ₹551.96 Cr | ₹428.45 Cr | ₹363.02 Cr |
| EBITDA (computed) | ₹739.07 Cr | ₹580.6 Cr | ₹491.1 Cr |
| Basic EPS | ₹0.88 | ₹0.70 | ₹0.59 |
| Diluted EPS | ₹0.86 | ₹0.68 | ₹0.57 |
Shareholding Pattern of Billionbrains Garage Ventures Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 27.38%, foreign institutional investors hold 2.51%, domestic institutional investors hold 5.92%, retail and other public shareholders hold 62.88% of Billionbrains Garage Ventures Limited. The company had 706,904 shareholders on record.
| Mar 2026 | Dec 2025 | Nov 2025 | |
|---|---|---|---|
| Promoters | 27.38% | 27.81% | 27.81% |
| Public | 71.31% | 72.19% | 72.19% |
| Employee Trusts | 1.31% | 0.00% | 0.00% |
Board & Governance of Billionbrains Garage Ventures Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Billionbrains Garage Ventures Limited has 9 directors - 4 independent and 4 executive. The board is chaired by Gaurang Shah.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Gaurang Shah | Non-Executive - Independent Director · Chairperson | 2024-06-07 | 1 |
| Lalit Keshre | Executive Director · CEO | 2025-04-08 | 1 |
| Harsh Jain | Executive Director | 2025-04-08 | 1 |
| Ishan Bansal | Executive Director | 2025-04-08 | 1 |
| Neeraj Singh | Executive Director | 2025-04-08 | 1 |
| Ashish Agrawal | Non-Executive - Nominee Director | 2025-04-08 | 1 |
| Ankit Nagori | Non-Executive - Independent Director | 2025-02-20 | 1 |
| Neetu Kashiramka | Non-Executive - Independent Director | 2025-01-29 | 1 |
| Neeru Chaudhry | Non-Executive - Independent Director | 2025-02-20 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Neetu Kashiramka (Chairperson), Gaurang Shah, Neeru Chaudhry |
| Nomination and remuneration committee | Neeru Chaudhry (Chairperson), Gaurang Shah, Ankit Nagori |
| Stakeholders Relationship Committee | Ashish Agrawal (Chairperson), Lalit Keshre, Neeru Chaudhry |
| Risk Management Committee | Neetu Kashiramka (Chairperson), Ishan Bansal, Neeraj Singh, Ankit Nagori |
| Corporate Social Responsibility Committee | Ankit Nagori (Chairperson), Neetu Kashiramka, Ashish Agrawal, Harsh Jain |
Group Structure of Billionbrains Garage Ventures Limited
Billionbrains Garage Ventures Limited has 8 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Billionbrains Garage Ventures Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Finments Tech Private Limited | U62099KA2016PTC098116 | - |
| Nextbillion Technology Private Limited | U65100KA2016PTC092879 | - |
| Groww Insurance Broking Private Limited | U66030KA2022PTC169355 | - |
| Groww Pay Services Private Limited | U67100KA2021PTC149048 | - |
| Neobillion Fintech Private Limited | U67190KA2020PTC132576 | - |
| Billionblocks Finserv Private Limited | U67190KA2020PTC135295 | - |
Showing major subsidiaries. Total: 8.
Charges & Borrowings Billionbrains Garage Ventures Limited
Billionbrains Garage Ventures Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Billionbrains Garage Ventures Limited
Billionbrains Garage Ventures Limited has a workforce of 463 employees as of Apr 09, 2024.
Employee Count & EPFO Data of Billionbrains Garage Ventures Limited
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GST Compliance of Billionbrains Garage Ventures Limited
GSTIN & GST Filing Data of Billionbrains Garage Ventures Limited
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Credit Ratings, Litigation & Regulatory Alerts for Billionbrains Garage Ventures Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Billionbrains Garage Ventures Limited
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MSME Payment Delays by Billionbrains Garage Ventures Limited
MSME Payment Delays by Billionbrains Garage Ventures Limited
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Subsidiaries & Group Companies of Billionbrains Garage Ventures Limited
Subsidiaries & Group Companies of Billionbrains Garage Ventures Limited
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MCA Filings & Documents of Billionbrains Garage Ventures Limited
MCA Filings & Documents of Billionbrains Garage Ventures Limited
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Recent Activity on Billionbrains Garage Ventures Limited
Recent News on Billionbrains Garage Ventures Limited
Frequently Asked Questions about Billionbrains Garage Ventures Limited
Billionbrains Garage Ventures Limited is an active public limited company in the information technology sector based in Bangalore South, Karnataka, India. It was incorporated on 09 January 2018 (8+ years old) and is registered under CIN L72900KA2018PLC109343. The company has 463 employees.
Billionbrains Garage Ventures Limited reported revenue of ₹4,061.65 Cr for FY 2025 (up 45.00% YoY).
The current directors of Billionbrains Garage Ventures Limited are:
- Lalit Keshre
- Ashish Agrawal
- Gaurang Balkrishna Shah
- Harsh Jain
- Neeraj Singh
- Ishan Bansal
- Neeru Chaudhry
- Ankit Nagori
- Neetu Kashiramka
- Lalit Keshre
- Ishan Bansal
The primary industry of Billionbrains Garage Ventures Limited is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.
Billionbrains Garage Ventures Limited can be reached at the registered office: Vaishnavi Tech Park South Tower 3Rd Floor, Survey No.161 And 172 Ambalipura Village Varthur Hobli, Bangalore South, Karnataka, India – 560103, or through the website groww.in.
The authorised capital is ₹5,000 Cr, and the paid-up capital is ₹1,234.72 Cr.