Milestone · Financial Services

Groww captures 44% of new active client additions

By Startup Enthusiast · 8 September 2026

What they do

Groww is an online platform for demat accounts, stock trading, and direct mutual fund investments

The company added 2.23 lakh active clients in August, representing 44% of total industry net additions

Groww maintains a dominant market share of 29.04% with 1.33 crore total active client accounts

Groww added 2.23 lakh new active clients during the month of August 2026.
The platform now serves a total of 1.33 crore active client accounts as of August.
Groww captured approximately 44% of the total net active client additions across the industry.
The company's total market share in the brokerage sector reached 29.04% in August.
This growth follows a July market share of 28.88% with 1.31 crore active clients.

The top five brokers in India currently command a combined market share exceeding 67%.
Groww continues to outpace competitors like Zerodha and Angel One in monthly client acquisition.
The broader brokerage industry saw net active client additions of approximately 5.12 lakh in August.

Groww provides an online platform for demat (dematerialized) accounts and stock trading.
The company offers services for ETFs, IPOs, intraday trading, and F&O (futures and options).
Users can also invest in mutual funds, bonds, and access loans against securities or personal loans.
The platform is trusted by over 2 crore active investors and over 13 crore total Indian users.
Groww operates as a digital-first financial services provider focused on retail market participation.