Groww’s m-cap eclipses 8 listed rivals; 5 drivers explained

In a landmark moment for Indian fintech, Groww’s market cap has surged past Rs 1 lakh crore, overtaking the combined value of eight listed brokerage and wealth firms, barring Motilal Oswal. Together, these eight firms add up to Rs 99,827 crore — still short of Groww alone. The move reflects a decisive shift in investor preference towards digital-native platforms as India’s retail investing boom deepens.

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