Groww expects new biz to reshape revenue mix

What happened: Groww cofounder and CEO Lalit Keshre said the wealthtech platform's revenue mix will keep evolving as newer businesses scale up. Groww was named Startup of the Year at The Economic Times Startup Awards 2026. Key numbers: Equity derivatives and stock trading were 68.4% of total income in the June quarter, down from 75.7% a year earlier. Why it matters: Keshre cited rapid growth in wealth offerings from a small base, with newer businesses such as margin financing increasing their contribution as the company scales while maintaining profitability.

Groww cofounder and CEO Lalit Keshre said the wealthtech platform's revenue mix will keep evolving as newer businesses scale up. Groww was named Startup of the Year at The Economic Times Startup Awards 2026.

Keshre cited rapid growth in wealth offerings from a small base, with newer businesses such as margin financing increasing their contribution as the company scales while maintaining profitability.