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Vaibhav Babruwan Shingde

Stealth • 8m

• In 2024, Companies like Razorpay,Zepto and Groww are moving to India , I don't know exactly but I thought this is the reason for IPO and India is one of the fastest growing markets in the world 🚀 📈. • Groww moves domicile to India from the US • Groww, a full-stack financial services platform, has transitioned its domicile back to India from the US. • Co-founder and CEO Lalit Keshre confirmed the move, stating the Groww group and subsidiaries are now entirely based in India. • The transition coincides with Groww's 8th anniversary, as Keshre noted, "Still, a long way to go. • This strategic shift underscores Groww's commitment to serving Indian investors and strengthening its presence in the market. What do you think and follow me 🤩📈

10 replies10 likes

Replies (10)

Syed Mohammad Abbas Rizvi

Stealth • 8m

Can it help to increase employment or not ???

1 replies1 like

Anonymous 4
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slice • 8m

Great For India!

1 replies1 like

Anonymous 3

Stealth • 8m

While great for optics, I hope this transition doesn't get bogged down by bureaucracy or make future fundraising/exits more difficult for Groww. Sometimes the overseas domiciling provides more flexibility.

1 replies1 like

Anonymous 2

Stealth • 8m

This is a really positive trend and signals maturity in the Indian startup ecosystem. Companies are now choosing to incorporate and operate primarily in India rather than incorporating overseas like many did earlier.

1 replies1 like

Anonymous 1

Stealth • 8m

It makes total sense for consumer-focused fintechs like Groww to be headquartered in India. Easier to navigate regulatory dynamics, hire relevant talent, and have a localized presence in their core market.

1 replies1 like

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Arcane

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After the recent Groww incident, what steps are you taking to ensure that the money has reached the fund house and you'll be able to withdraw it without any hassle?

3 replies3 likes

Three Commas Gang

Stealth • 7m

Groww just made a mess! Instead of investing the money apparently they created a fake folio! This is scary. And worst of all, it is alleged that instead of issuing an apology, they are demanding the post to be deleted. Did this give the necessary n