About Groww Pay Services Private Limited
Data last updated: 17 February 2026
Groww Pay Services Private Limited is a private limited company based in Bangalore South, Karnataka, India, a subsidiary of Billionbrains Garage Ventures Private Limited. It specialises in online payment gateways, a part of the broader financial services sector. Incorporated on 02 July 2021, the company has been in operation for over 5 years.
Registered with ROC Bangalore under CIN U67100KA2021PTC149048.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹9.49 Cr. It is led by directors including Ashutosh Ashok Naik and Neeraj Singh.
Last AGM: 29 August 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 ₹18.56 Cr, a growth of 75% compared to the previous year.
The company has a workforce of approximately 28 employees as per the latest available data. It operates as a subsidiary of Billionbrains Garage Ventures Private Limited.
The company is associated with 1 brand - Groww.
For more details, the company can be reached via its website groww.in.
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Email*****@*****.com
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Telephone+91-****-******
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Registered AddressVaishnavi Tech Park South Tower 4Th Floor, Survey No.16/1 And 17/2 Ambalipura Village Varthur Hobli, Bangalore South, Karnataka, India – 560103
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IndustryFinancial Services, Online Payment Gateways
- 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
Associated Brands with Groww Pay Services Private Limited
Groww Pay Services Private Limited operates one associated brand: Groww. These brands represent Groww Pay Services Private Limited's diversified market presence and brand portfolio.
Competitors & Alternatives of Groww Pay Services Private Limited
Brands and companies operating in the same space as Groww Pay Services Private 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 |
Business Activity of Groww Pay Services Private Limited
Groww Pay Services Private Limited is engaged in the principal business activity of information and communication, with detailed activities including other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | ********* |
Auditor Details of Groww Pay Services Private Limited
Groww Pay Services Private Limited is audited by TR Chadha & Co LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TR Chadha & Co LLP | blur-value | blur-value | blur-value |
Board of Directors of Groww Pay Services Private Limited
Groww Pay Services Private Limited is currently managed by 4 directors, with 7 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 |
|---|---|---|---|---|
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Ashutosh Ashok Naik
Also directs:
Groww Wealth Tech Private Limited, Groww Creditserv Technology Private Limited, Groww Trustee Limited and 2 more
|
Director | 02 Jul 2021 | 5 Years 0 Months | Current |
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Neeraj Singh
Also directs:
Billionbrains Garage Ventures Limited
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Director | 10 Mar 2023 | 3 Years 4 Months | Current |
| Vikas Bansal | Director | 11 Jul 2024 | 2 Years 0 Months | Current |
Financials of Groww Pay Services Private Limited FY 2025 filings available
Groww Pay Services Private Limited reported revenue of ₹18.56 Cr (up 75% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Groww Pay Services Private Limited
As of FY 2022, Groww Pay Services Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings Groww Pay Services Private Limited
Groww Pay Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Groww Pay Services Private Limited
Groww Pay Services Private Limited has a workforce of 28 employees as of Apr 07, 2024.
Employee Count & EPFO Data of Groww Pay Services Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Groww Pay Services Private Limited
GSTIN & GST Filing Data of Groww Pay Services Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Groww Pay Services Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Groww Pay Services Private Limited
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MSME Payment Delays by Groww Pay Services Private Limited
MSME Payment Delays by Groww Pay Services Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Groww Pay Services Private Limited
Subsidiaries & Group Companies of Groww Pay Services Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Groww Pay Services Private Limited with ownership details.
MCA Filings & Documents of Groww Pay Services Private Limited
MCA Filings & Documents of Groww Pay Services Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Groww Pay Services Private Limited
Recent News on Groww Pay Services Private Limited
Frequently Asked Questions about Groww Pay Services Private Limited
Groww Pay Services Private Limited is an active private limited company in the financial services sector based in Bangalore South, Karnataka, India. It was incorporated on 02 July 2021 (5+ years old) and is registered under CIN U67100KA2021PTC149048. The company has 28 employees.
Groww Pay Services Private Limited reported revenue of ₹18.56 Cr for FY 2025 (up 75.00% YoY).
The current directors of Groww Pay Services Private Limited are:
- Ashutosh Ashok Naik
- Neeraj Singh
- Vikas Bansal
- Ankit Kothari
The primary industry of Groww Pay Services Private Limited is financial services. The company specifically operates in online payment gateways. The company is currently active in this sector.
Groww Pay Services Private Limited can be reached at the registered office: Vaishnavi Tech Park South Tower 4Th 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 ₹25 Cr, and the paid-up capital is ₹9.49 Cr.