Zerodha vs Groww

Mon, 11 May 2026 00:00:00 +0000

Zerodha and Groww are India’s two most widely used retail stockbrokers by active client count as of early 2026. Both operate a discount model, charging flat fees rather than percentage commissions, yet they have reached that common ground by different paths and serve partially distinct user profiles. Zerodha, founded in 2010 by Nithin Kamath and Nikhil Kamath, is the older firm and remains the reference implementation of the Indian discount brokerage category. Groww, founded in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal, entered first as a mutual fund distribution platform before acquiring a full broking licence and expanding aggressively into equity and derivatives.

Zerodha vs Groww on WebNotes

Zerodha vs Groww