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Lalit Keshre
Co-founder and CEO of Groww, India
Lalit Keshre is the co-founder and CEO of Groww, a prominent fintech startup in India that has revolutionized the investment landscape. Under his leadership, Groww has emerged as one of the largest stockbrokers in India, surpassing established competitors like Zerodha in terms of active investors.13
Early Life and Education
Keshre was born into a farming family in the small village of Lepa, Madhya Pradesh. He attended an English-medium school in Khargone district, which was a significant opportunity for him given his humble beginnings. After completing his secondary education, he successfully passed the Joint Entrance Exam (JEE) and secured admission to the prestigious Indian Institute of Technology (IIT) Bombay, where he studied Electrical Engineering with a focus on Microelectronics.132
Professional Journey
Before founding Groww in 2016, Keshre worked at Flipkart, one of India's largest e-commerce platforms. He was among the first product managers at Flipkart, where he played a crucial role in launching and managing various products, including Flipkart Marketplace and Flipkart Quick.24 His experience at Flipkart laid the groundwork for his entrepreneurial journey.
In 2016, Keshre teamed up with three other former Flipkart colleagues—Harsh Jain, Ishan Bansal, and Neeraj Singh—to launch Groww. The platform aimed to simplify investing for everyday users by providing access to stocks, mutual funds, ETFs, IPOs, US stocks, and more. Since its inception, Groww has experienced rapid growth, with its user base expanding from approximately 0.78 million in FY21 to over 6.63 million active investors by September 2023.132
Vision and Impact
Keshre's vision for Groww is centered around making investing accessible and straightforward for all Indians. The platform has attracted significant investments from notable figures and firms, including Microsoft CEO Satya Nadella and venture capital firms like Sequoia Capital and Tiger Global.13 As of late 2023, Groww holds a substantial market share among active traders in India, highlighting its impact on democratizing finance in the country.13
Through his leadership at Groww, Lalit Keshre continues to influence the financial technology sector in India by fostering an environment where investing is not just for the affluent but accessible to everyone.
