In 2025, the stockbroking industry in India will face intense competition. The market will be competitive and dynamic, propelled by innovation, customer acquisition strategies, and technology breakthroughs. Groww, Zerodha, and Angel One are notable market leaders and influencers among the many businesses in this industry. These companies set the standard for others, creating a competitive environment for all stock brokers.
Cut to cut competition in Stock broking companies in India
Groww’s user base and financial performance have expanded significantly, cementing its status as one of India’s leading stockbrokers. As of December 2024. Groww’s NSE client base increased to 13.16 million active users. Between November and December 2024, Groww’s active user base increased by 2.18%, indicating steady user acquisition.
Groww became the most prominent retail stockbroker in India in the midst of 2024, surpassing Zerodha. Groww is India’s largest stockbroker in terms of active clients. About 6.07 million new investors joined the company in 2024, accounting for 40% of all new NSE additions. Groww achieved a 26.59% market share on the National Stock Exchange (NSE) with 13.16 million active clients. This is a 2.18% month-over-month increase that keeps the company at the top of its industry. Groww started as a mutual fund platform before going into stockbroking, where it immediately became popular by focusing on millennials and beginner investors.
Groww and Zerodha are taking different approaches to gaining and maintaining market share in India’s fiercely competitive stockbroking market. Zerodha remains the market leader in discount broking, charging flat fees of ₹20 per trade across all segments. There were 11.78 million active users as of December 2024, representing a slight growth slowdown compared to Groww. Zerodha uses high-quality trading tools and features (like Kite and Streak for algorithmic trading) to benefit seasoned traders, resulting in a strong focus on profitability, organic growth, and low marketing costs.
Zerodha has slower growth in active users than Groww, and more tech-driven platforms are competing. In conclusion, Groww’s noteworthy influence on India’s stockbroking sector as of January 2025 is highlighted by its remarkable rise in both revenue and active clients.
[…] In December 2024, Groww reported 13.2 million active users, surpassing rivals like Zerodha, which re…Groww is now one of the leading stockbrokers in India, thanks to a sharp increase in both its user base and financial performance. There were 13.16 million active users on Groww’s NSE by December 2024. Groww’s active user base grew by 2.18% between November and December 2024, suggesting steady user acquisition. […]