Nextbillion Technology (Groww), the venture capital-backed broking outfit, has dislodged Zerodha Broking as India’s largest brokerage in terms of number of active clients. At the end of September, Groww had 6.63 million active clients, nearly 150,000, or 2.3 per cent more than Zerodha, ending the latter’s long run at the top.
AngelOne and RKSV Securities (Upstox) were ranked third and fourth with 4.86 million and 2.19 million active clients, according to data provided by NSE, the country’s top bourse.