Investment platform Groww has completed its phased rollout of US-listed stock and exchange-traded fund (ETF) investing on its platform, with the service now available to all users following the initial launch last week. According to Moneycontrol, the Bengaluru-based company secured an IFSCA licence for global investing through GIFT City in July, enabling this strategic expansion beyond Indian markets. The update is rolling out now and should reach everyone within a month, making it easier for investors to tap into global tech and AI trends. The launch represents an attempt by the broker to capitalise on growing retail demand for global AI and tech sector exposure amid flat returns in the domestic stock market, marking Groww's return to overseas equities after more than two years since discontinuing an earlier offering due to friction around remittances, withdrawal costs, and settlement processes.
As reported by Moneycontrol, Groww users now have complete access to more than 10,000 US stocks and ETFs, including major companies such as Google, Apple, Nvidia, Tesla, Amazon and Meta. The feature allows investors to buy and sell shares of US-listed companies directly through the Groww application, with the platform also supporting fractional investing to enable users to purchase smaller portions of expensive stocks. The company has teamed up with Alpaca Securities, a US brokerage infrastructure provider, for this offering, following Groww's acquisition of an IFSCA licence for global investing through GIFT City in July. The rollout comes as US technology stocks have climbed back to record levels on renewed investor enthusiasm around artificial intelligence, with the tech-heavy Nasdaq hitting record closing highs last week, driven by gains in chipmakers and other AI-linked stocks.
According to Moneycontrol, Groww competes with Zerodha, Angel One and Upstox, which have also received GIFT City approvals to offer US stocks. Upstox is currently the only one among these competitors to have launched its platform, having gone live earlier this month. The GIFT City introduced the Global Access Provider (GAP) registration framework in August 2025, creating a regulated channel for Indian investors seeking international investment opportunities with simplified fund repatriation. Until now, India's global investing landscape has been dominated by platforms like IndMoney, smallcase and Vested Finance.
As reported by Moneycontrol, interest in US stocks has increased amid strong performances in sectors such as artificial intelligence, semiconductors, electric vehicles and space technology. Investors have also been drawn by global market opportunities, a weaker rupee and expectations of major US listings. The US market has seen significant activity, including large fundraisings by companies such as SpaceX, while AI firms including Anthropic and OpenAI are also expected to explore public listings. With more Indians eyeing international markets for better returns (especially with the rupee falling), platforms like Groww (and rivals joining through GIFT City's Global Access initiative) are making global investing way more accessible.
As reported by Moneycontrol, Groww's parent company, Billionbrains Garage Ventures, reported strong financial results for Q1 FY27. The company achieved a 94.4% year-on-year rise in consolidated net profit attributable to shareholders to ₹735 crore, compared with ₹378 crore in the previous year. Revenue from operations rose 66% to ₹1,501 crore during the quarter, compared with ₹904 crore in the year-ago period. Groww has more than 2 crore active users and assets of around ₹4 lakh crore, according to its quarterly financial statement. The company has been expanding its product range to reduce dependence on futures and options (F&O) trading, which contributed 52% of its revenue in the June quarter.
