Groww rolls out US stocks to select users via GIFT City
In short
Groww has started offering US stocks to select users through the GIFT City route. The app lets users buy and sell US securities directly and also invest in fractions of shares.
This matters because it gives some users easier access to overseas markets. The report does not say how many users can use it yet or when more users will get access.
What the reporting says
Groww rolled out access to US stocks for select users via the GIFT City route, according to publisher summaries. The offering lets users buy and sell US securities directly in the Groww app and also supports fractional investing. The report does not say how many users got access, which securities are included, or whether the rollout will expand further.
Why it matters
Groww has launched access to US stocks for select users through the GIFT City route. Publisher summaries say the app allows direct buying and selling of US securities and supports fractional investing. The move points to a broader push into cross-border investing, but the report does not state the user count, the launch scale or the rollout timeline.