Groww Wins Startup of the Year at ET Awards 2026

Bengaluru-based wealthtech unicorn Groww has clinched the prestigious ‘Startup of the Year’ award at the ET Startup Awards 2026.

This significant recognition highlights the company’s exceptional performance and strategic market impact.

Groww’s parent entity, Billionbrains Garage Ventures, achieved a landmark ₹6,632 crore initial public offering last November.

This IPO notably secured the highest valuation ever recorded for an Indian fintech company.

The platform now boasts a substantial user base of 21.6 million transacting individuals across India.

Collectively, these users entrust Groww with assets under management totaling an impressive ₹3 lakh crore.

Financially, the company demonstrated robust growth in FY26, reporting a 20% surge in revenue.

Profits also saw a healthy increase of 14% during the same fiscal year.

Established in 2016 by a quartet of former Flipkart executives, Groww began with a clear mission.

Its core objective was to democratize investment opportunities, making them accessible to a broader audience.

Initially, the platform carved its niche by offering direct mutual funds, simplifying entry into the investment landscape.

Beyond its foundational broking services, Groww has strategically diversified its financial product portfolio.

The expanded offerings now include instruments such as bonds and loans against securities.

A variety of other wealth management tools are also available, all designed to empower users with smarter money management options.

The judging panel for the ET Startup Awards 2026 specifically commended Groww’s ability to thrive in a highly regulated and often challenging industry.

Its consistent profitability and the successful completion of its IPO were also key factors in securing the top honor.