• Groww receives SEBI licence to operate as an Online Bond Platform Provider
• Retail investors will get direct access to listed corporate bonds on the app
• Move expands Groww’s product portfolio soon after its successful market debut

Groww has secured approval from the Securities and Exchange Board of India (SEBI) to operate as an Online Bond Platform Provider (OBPP), according to a report. With this licence, the investment platform can now list, distribute, and facilitate transactions in listed corporate bonds directly through its app, giving retail investors easier access to fixed-income products.

The licence strengthens Groww’s offerings beyond equities, mutual funds, and other market-linked investments. By bringing corporate bonds to its large user base, the company aims to attract investors seeking stable returns and diversified portfolios.

This development comes shortly after Groww made its stock market debut, listing at a 14% premium over its issue price. The company has been showing strong financial growth as well. In the second quarter of the current calendar year, Groww reported total income of Rs 1,071 crore and a profit after tax of Rs 471 crore. However, the platform’s customer acquisition cost rose by 72% in the first half of FY26, reaching Rs 1,374 compared to Rs 796 in the same period last year.

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Groww continues to dominate India’s retail investing landscape. NSE data shows it holds the highest market share among stockbrokers at 26.62%. The platform added 1.38 lakh active demat accounts in October alone, pushing its total user base to 1.2 crore.

As it enters the bond distribution space, Groww is set to expand its reach further and tap into a new segment of investors looking for predictable, lower-risk investment options.

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