Groww banega crorepati

222°
Helpful
jennyllwilliams
Groww banega crorepati: Active user base set to cross 1 crore in May

https://www.moneycontrol.com/technology/growws-...

Groww overtook Zerodha back in September 2023 and has now built an unassailable lead over its Bengaluru-based rival founded by popular entrepreneur brothers - Nithin and Nikhil Kamath.

Top Comments
Generous Generous
Admin
Link Copied

Youth is investing aggressively in market.

17 Comments  |  
13 Dimers
  • Sort By
Deal Cadet Deal Cadet
Link Copied
Just like Honasa Consumer Limited could show phenomenal growth in top line for some of its fake brands, others (mostly start-ups) in sectors the EdTech, FinTech too have done so.

But the investors and promoters play a game of deceit. Burn-rates are often not disclosed and costs of customer acquisition, customer retention are opaque (to say the least).

Achieving a top-line growth of X% or total topline of ₹N,
by spending ₹N×2½ on marketing, sales, promotions is NOT perpetually feasible.

Initial traction or critical mass can only do so much after a point. Thereafter one has to reduce (if not stop) the bleed. The real test comes at that time.
will the existing investors, VC still want to be hooked or new ones want to enter such a business where those phenomenal growth stories from the past... start tapering?

TL:DR: २५०₹ ka kharcha kar ke १००₹ ka 'galla' (revenue) dikhana utna kathin nahin hai.
Finance Mentor Finance Mentor
Link Copied

Your are telling lie about honasa. They are making profit as well as generating operating cash flow. 

IMG20240528144937

IMG20240528144920

View 5 more replies
Deal Newbie Deal Newbie
Link Copied

Groww has gotten big now . Still lacks many useful features. Like primary bank change option, pre-open selling etc. & many more 

Deal Subedar Deal Subedar
Link Copied
I'm able to change the primary bank
View 1 more reply
Generous Generous
Admin
Link Copied

Youth is investing aggressively in market.

Wishlist Champion Wishlist Champion
Link Copied
DD also palyed role in it
Deal Cadet Deal Cadet
Link Copied

Just because it provides a free account.

Those who care more about the services, experience & other stuff go to better & established companies like Zerodha or their bank or those that you wouldn't have heard the name of yet

Helpful Helpful
Link Copied

Correct... 

Deal Captain Deal Captain
Link Copied

Groww up guys

Deal Newbie Deal Newbie
Link Copied

Need some r& D before investing

Deal Newbie Deal Newbie
Link Copied

Maybe they are planning for ipo

replyuser
Click here to reply
Reply