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Milestone · Financial Services

Groww parent company added to MSCI India Index

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Groww logo
Date
Company
Groww
What it does
Digital investment and trading platform
Kind
Milestone
Stage
public
Based in
Bengaluru
Founded
2016
Sector
Financial Services

What they do

Groww is a digital platform that allows users to invest in stocks, mutual funds, ETFs, and futures and options

What happened

Global index provider MSCI has added Billionbrains Garage Ventures, the parent company of Groww, to its MSCI India Index

Why it matters

This inclusion follows the company's stock market debut in November 2025 and may attract increased buying demand from passive funds

The details

  • Global index provider MSCI announced the addition of Billionbrains Garage Ventures to the MSCI India Index during its August 2026 review.
  • The changes are scheduled to be implemented after the close of trading on August 31, 2026.
  • The new index composition will officially take effect starting September 1, 2026.
  • Billionbrains Garage Ventures is the parent company of the popular digital investment platform Groww.
  • The company entered the public markets on November 12, 2025, and has been included in the index within its first year of listing.

The bigger picture

  • Inclusion in the MSCI India Index increases a company's visibility among international institutional investors.
  • The index is a benchmark for large- and mid-cap segments, covering approximately 85% of the Indian equity market.
  • Passive funds and exchange-traded funds (ETFs) that track the index may adjust their portfolios, potentially creating additional buying demand for the stock.

About the business

  • Groww provides a digital interface for retail investors to trade stocks, ETFs, and mutual funds.
  • The platform offers advanced features including futures and options (F&O) trading, margin trading facilities (MTF), and IPO subscriptions.
  • It provides analytical tools like stock screeners, option chains, and real-time market data to assist users with investment decisions.
  • The company operates under the legal entity Billionbrains Garage Ventures.
  • The platform is headquartered in Bengaluru, Karnataka, and serves millions of active investors across India.

The deal

Type
index inclusion

Founders

  • Lalit Keshre, Founder
  • Ishan Bansal, Founder
  • Harsh Jain, Founder
  • Neeraj Singh, Founder

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