About Groww Wealth Tech Private Limited
Data last updated: 17 December 2025
Groww Wealth Tech Private Limited is a private limited company based in Bangalore South, Karnataka, India, a subsidiary of Billionbrains Garage Ventures Private Limited. It specialises in diversified financial services, a part of the broader financial services sector. Incorporated on 29 November 2016, the company has been in operation for over 10 years.
Registered with ROC Bangalore under CIN U62099KA2016PTC098116.
Capital: an authorised share capital of ₹35 Cr and a paid-up capital of ₹25.17 Cr. Formerly known as Finvantage Investment Adviser Private Limited and Groww Wealth Tech Private Limited. It is led by directors including Ashutosh Ashok Naik and Lalit Bhimani.
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 ₹55.9 Lakh, reflecting significant growth compared to the previous year.
It operates as a subsidiary of Billionbrains Garage Ventures Private Limited.
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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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, Diversified Financial Services
- 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
Name History of Groww Wealth Tech Private Limited
Groww Wealth Tech Private Limited has undergone 2 name changes throughout its history. The company was previously known as Finvantage Investment Adviser Private Limited, and Groww Wealth Tech Private Limited. The current legal name is Groww Wealth Tech Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Groww Wealth Tech Private Limited | Current |
| Finvantage Investment Adviser Private Limited | Previous |
CIN History of Groww Wealth Tech Private Limited
Groww Wealth Tech Private Limited has one previous CIN (Corporate Identification Number): U65999KA2016PTC098116. The current CIN is U62099KA2016PTC098116, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62099KA2016PTC098116 | Current |
| U65999KA2016PTC098116 | Previous |
Associated Brands with Groww Wealth Tech Private Limited
Groww Wealth Tech Private Limited operates one associated brand: Groww. These brands represent Groww Wealth Tech Private Limited's diversified market presence and brand portfolio.
Competitors & Alternatives of Groww Wealth Tech Private Limited
Brands and companies operating in the same space as Groww Wealth Tech Private Limited include Angel One, Upstox, Fisdom and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
|
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App-based brokerage stock trading platform | Mumbai, India, India | 1996 |
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Tech-driven trading platform is offered for low-cost brokerage services. | Mumbai, India, India | 2009 |
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Online investment and wealth management services are provided digitally. | Bengaluru, India, India | 2015 |
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Online trading of stocks, securities, and options is enabled. | Beijing, China, China | 2014 |
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Provider of online brokerage services and trading platforms | Greenwich, United States, United States | 1977 |
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Online platform for stock trading, mutual funds, and investment tools. | Mumbai, India, India | 1994 |
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Broker-based online platform for trading and investments is provided. | Thane, India, India | 2007 |
Business Activity of Groww Wealth Tech Private Limited
Groww Wealth Tech Private Limited is engaged in the principal business activity of information and communication, with detailed activities including computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | ********* |
Auditor Details of Groww Wealth Tech Private Limited
Groww Wealth Tech Private Limited is audited by Subek Agarwal & Associates 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 |
|---|---|---|---|
| Subek Agarwal & Associates | blur-value | blur-value | blur-value |
Board of Directors of Groww Wealth Tech Private Limited
Groww Wealth Tech Private Limited is currently managed by 5 directors, with 8 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 Ifsc Private Limited, Groww Foundation, Groww Creditserv Technology Private Limited and 2 more
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Director | 11 Jul 2025 | 1 Years 0 Months | Current |
|
Lalit Bhimani
Also directs:
Groww Ifsc Private Limited, Groww Insurance Broking Private Limited, Neobillion Fintech Private Limited and 3 more
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Director | 11 Jul 2025 | 1 Years 0 Months | Current |
| Jagdeep Singh | Whole-Time Director | 02 Jul 2024 | 2 Years 0 Months | Current |
Financials of Groww Wealth Tech Private Limited FY 2025 filings available
Groww Wealth Tech Private Limited reported revenue of ₹55.9 Lakh (up 687% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
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| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
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| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
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| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Groww Wealth Tech Private Limited
As of FY 2023, Groww Wealth Tech 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 Wealth Tech Private Limited
Groww Wealth Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Groww Wealth Tech Private Limited
View historical data on people associated with Groww Wealth Tech Private Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Groww Wealth Tech Private Limited
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GST Compliance of Groww Wealth Tech Private Limited
GSTIN & GST Filing Data of Groww Wealth Tech Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Groww Wealth Tech Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Groww Wealth Tech Private Limited
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MSME Payment Delays by Groww Wealth Tech Private Limited
MSME Payment Delays by Groww Wealth Tech 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 Wealth Tech Private Limited
Subsidiaries & Group Companies of Groww Wealth Tech Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Groww Wealth Tech Private Limited with ownership details.
MCA Filings & Documents of Groww Wealth Tech Private Limited
MCA Filings & Documents of Groww Wealth Tech Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Groww Wealth Tech Private Limited
Frequently Asked Questions about Groww Wealth Tech Private Limited
Groww Wealth Tech Private Limited is an active private limited company in the financial services sector based in Bangalore South, Karnataka, India. It was incorporated on 29 November 2016 (10+ years old) and is registered under CIN U62099KA2016PTC098116.
Groww Wealth Tech Private Limited reported revenue of ₹55.9 Lakh for FY 2025 (up 687.00% YoY).
The current directors of Groww Wealth Tech Private Limited are:
- Ashutosh Ashok Naik
- Lalit Bhimani
- Sri Balakritikka Vishnampettai Natarajan
- Jagdeep Singh
- Ananya Gupta
The primary industry of Groww Wealth Tech Private Limited is financial services. The company specifically operates in diversified financial services. The company is currently active in this sector.
Groww Wealth Tech 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 ₹35 Cr, and the paid-up capital is ₹25.17 Cr.