Groww's brokerage unit, Groww Invest-Tech, reported a significant financial performance for the fiscal year 2024, with net profits soaring by 308% to ₹298 crore, up from ₹73 crore the previous year. Revenue from operations also saw a substantial increase of 123.9%, reaching ₹2,900 crore compared to ₹1,295 crore in FY23. This data was published by the news portal Entrackr, citing audited financials from credit rating agency ICRA. Groww Invest-Tech, backed by Tiger Global, is a fully owned subsidiary of Billionbrains Garage Ventures, offering equity brokerage services and mutual fund distribution.