Groww hits 13 Mn active users in December, Zerodha's growth slows

Groww has achieved a milestone of 13 million active users as of December, demonstrating impressive growth in the online investment platform sector. This surge in users reflects the increasing adoption of digital platforms for mutual fund investments in India. However, Zerodha, another major player in the market, has seen a slowdown in growth. The rise in active users for Groww comes amidst the growing interest in investment products among retail investors. Despite Zerodha’s slower growth, the overall growth of digital investment platforms highlights the shift toward online financial services in India, which is expected to continue in the future.