Groww rolls out US stocks to select users via GIFT City route
AI Summary
Groww's entry into international investing by offering access to US stocks and ETFs is a significant move that reflects the growing demand among Indian retail investors for global exposure. This expansion not only diversifies Groww's revenue streams but also intensifies competition in the fintech space, particularly against rivals like Zerodha and Upstox. For investors, this could mean more options and potentially better pricing in the long run as platforms vie for market share in the burgeoning international investment sector.
Investment platform Groww has rolled out access to US-listed stocks and exchange-traded funds (ETFs) to select customers, marking its entry into international investing, people aware of the development said.
The offering allows users to buy and sell US securities directly through the Groww app and also supports fractional investing. The platform has partnered with Alpaca Securities, a US brokerage infrastructure provider, for the offering, following Groww’s acquisition of an International Financial Services Centre Authority (IFSCA) licence for global investing through GIFT City in July.
Original Article
Published on Hindu BusinessLine
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This is a market news update from Hindu BusinessLine, published on 29 September 2026.
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