Founder startupsunio... • 1m
📌 Revenue Model of Groww 1. Subscription Charges: For premium services like advanced analytics. 2. Platform Fees: Charged for mutual fund investments. 3. Lending Services: Interest income from instant loans offered to select customers. A. Brokerage Commissions (95.9% of FY23 revenue): Generated ₹1,226.1 Cr from subscriptions and trading fees. Driven by 5.78M active investors (surpassing Zerodha's 6.48M by Sept 2023). B. Strategic Cost Management: Reduced advertising spend by 4.2% (₹243.8 Cr in FY23 vs ₹254.5 Cr in FY22) despite tripling revenue. Maintained 35.6% EBITDA margin through operational efficiency. C. Scalable Transaction Fees: Transaction-related charges surged 187% to ₹219 Cr in FY23, reflecting increased trading volumes. D. Future Expansion: Acquiring Fisdom (₹1,150 Cr deal) to broaden wealth management offerings. Projected 2025 revenue of $200M-$500M (₹1,660 Cr-₹4,150 Cr). #stockmarket #groww
Lead Software Test A... • 8d
can anyone help me with below question on virtual coins/ gems / points in a gaming application: Virtual Coin Transaction Fees 1. Are there any transaction fees or charges associated with buying, selling, or trading virtual coins within the gaming a
See MoreHey I am on Medial • 6m
The Year of Indian Startups' IPOs Series : 1. Groww -> • Groww is planning an IPO to raise approximately ₹6,000 crore, aiming for a valuation between $6 billion and $8 billion. • In FY24, Groww reported ₹3,145 crore in revenue from operations, do
See MoreFront end developmen... • 1y
Wow Momo has doubled its revenue every year Founded in 2008, Wow! Momo has become a national phenomenon with over 500 outlets across 25 Indian cities. Let's dive deeper into their impressive FY23 financials Revenue Soars: Total revenue, including
See MoreHey I am on Medial • 11m
Fintech Solutions for Small Businesses Idea: Develop financial tools tailored for small businesses, such as automated bookkeeping, invoicing, or credit management systems. Revenue Potential: Fintech startups can generate revenue through subscription
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