India’s leading investment platform, Groww, has reported a threefold increase in profit, reaching ₹1,819 crore in FY25, a dramatic turnaround that highlights its growing dominance in the fintech space. This financial leap is paired with a fresh $200 million funding round, pushing its valuation to $7 billion, and setting the stage for one of the most anticipated IPOs in India’s fintech history.
📊 Massive Jump in Groww Profit FY25
Groww’s net profit for FY25 jumped more than 3x compared to FY24, when the company had recorded a consolidated net loss of ₹805 crore. This was largely due to a one-time tax hit from shifting its domicile to India.
- FY25 Net Profit: ₹1,819 crore
- FY24 Net Profit: ~₹535 crore
- Consolidated FY24 Loss: ₹805 crore (due to ₹1,340 crore tax expense)
- Revenue FY25: ₹4,056 crore (up from ₹3,145 crore in FY24)
This robust growth in Groww profit FY25 is attributed to its strong revenue performance, lean operational model, and aggressive market expansion.
💸 $200 Million Funding Round at $7 Billion Valuation
In tandem with its FY25 results, Groww also secured $200 million in fresh capital. The Series F funding round was led by Singapore’s GIC and included key investors like Iconiq Capital.
This investment puts Groww’s post-money valuation at $7 billion, making it one of the highest-valued fintech startups in India.
📈 IPO Plans in Motion
Groww has confidentially filed its Draft Red Herring Prospectus (DRHP) with SEBI in May 2025. The company aims to raise between $700 million to $1 billion through its IPO. Analysts expect the public listing to further solidify its leadership in the retail investment space.
The IPO is anticipated to be one of the largest fintech listings in India, building on its strong financial foundation and recent profitability.
🧠 About Groww
Founded in 2016 by former Flipkart executives, Groww began as a mutual fund platform and later expanded into stockbroking, digital gold, fixed deposits, and loans. It now serves over 13 million active users, making it India’s largest retail brokerage platform—ahead of rivals like Zerodha and Angel One.
In FY25, Groww also acquired Fisdom, a wealth advisory firm, for an estimated $150 million, signaling its intent to deepen services across financial products.
📌 Why the Growth Matters
The stellar Groww profit FY25 performance is more than a number—it marks a significant shift in India’s fintech landscape. Groww has proven it can scale fast, operate profitably, and prepare for public markets while competing with industry veterans.
Its user-first approach, digital onboarding, and expansion into tier-2 and tier-3 cities have powered its growth. Additionally, Groww’s lean operational model has kept expenses in check, boosting margins significantly.
