Groww Rolls Out US Stock Investing Amid AI Wave

Investment platform Groww has begun offering US stock investing on its application, with the service set to be accessible to all users within a month, according to Moneycontrol. The Bengaluru-based company, which received approval from the International Financial Services Authority (IFSCA) in July, has partnered with Alpaca Securities, a US-based brokerage infrastructure provider.

Through this collaboration, Groww allows investors to directly purchase and sell shares of US-listed companies via the app, supporting fractional investing for smaller portions of expensive stocks.

Users will have access to over 10,000 US stocks and exchange-traded funds (ETFs), including tech giants Google, Apple, Nvidia, Tesla, Amazon, and Meta. This move places Groww among a growing number of Indian investment platforms expanding into overseas markets, such as Zerodha, Angel One, and Upstox. Upstox is currently the only one to have launched its platform, following GIFT City's introduction of the Global Access Provider (GAP) registration framework in August 2025.

GIFT City's framework creates a regulated channel for Indian investors to access international investment opportunities, simplifying fund repatriation. Initially a mutual fund investment platform, Groww now boasts more than 2 crore active users and manages assets worth approximately ₹4 lakh crore, according to its latest financial statement. The company has been diversifying its product range to lessen reliance on futures and options (F&O) trading, which accounted for 52% of its revenue in the June quarter.

The addition of global investing is expected to bolster Groww's wealth management expansion, as demand for international assets grows among Indian investors. Interest in US stocks has surged due to strong performances in sectors like artificial intelligence, semiconductors, electric vehicles, and space technology, as well as global market opportunities, a weaker rupee, and expectations of major US listings.

Notably, US market activity has included substantial fundraising rounds by companies such as SpaceX, while AI firms like Anthropic and OpenAI are anticipated to seek public listings.