Billionbrains Garage Ventures Ltd IPO

About Billionbrains Garage Ventures Ltd

Our Company was incorporated as Billionbrains Garage Ventures Private Limited on January 9, 2018, as a private limited company under the provisions of the Companies Act, 2013, pursuant to a certificate of incorporation dated January 17, 2018, issued by the Registrar of Companies, Central Registration Centre. Pursuant to the Scheme of Amalgamation, approved by the National Company Law Tribunal, Bengaluru Bench on March 28, 2024, Groww Inc., our erstwhile holding company was amalgamated into and with our Company. For details, see History and Certain corporate matters - Other Material Agreements - Scheme of Amalgamation amongst our Company, Groww Inc. and their respective shareholders. Further, our Company was converted into a public limited company and the name of our Company was changed to Billionbrains Garage Ventures Limited, pursuant to a board resolution dated January 29, 2025, shareholders' resolution dated February 21, 2025, and a fresh certificate of incorporation dated April 11, 2025 issued by the Registrar of Companies, Central Processing Centre.

In terms of value, the total addressable market of India's Investment & Wealth Management sector is Rs.1.1 trillion as of March 2025 and is expected to grow to approximately to Rs.2.2-Rs.2.6 trillion by March 2030, at a CAGR of 15-17% until Fiscal 2030. This market growth is driven by higher investor participation, growing disposable income and higher investible funds. The rise of digital-first platforms is democratizing access to capital markets and empowering investors to build and manage their portfolios with simplified content, information and tools. By delivering an easy, transparent and seamless platform, streamlining transactions and investment processes, new-age digital-first platforms have facilitated market growth and reduced reliance on offline networks, including relationship managers, affiliates and brokers.

We are a direct-to-customer digital investment platform that provides multiple financial products and services. We were India's largest and fastest growing investment platform by active users on NSE as of June 30, 2025, according to the Redseer Report. With Groww, customers can invest and trade in stocks (including via IPOs), derivatives, bonds, mutual funds and other products. They can also avail margin trading facility and personal loans. We provide a customer friendly design on our Groww app and website and deploy an in-house technology platform to enhance the investing experience.

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