Groww opens 10,000+ US stocks and ETFs to select users via GIFT City
Kalpana Maurya
1 Oct 2026 · 3 min read
Groww has started letting a limited set of customers buy and sell US-listed stocks and ETFs inside its app, using its GIFT City licence and Alpaca Securities. The move takes the listed brokerage into international investing as it works to widen revenue beyond futures and options trading.
Groww, the investment platform run by Billionbrains Garage Ventures, has opened US stock investing to a select group of customers, The Hindu BusinessLine reported on 29 September 2026, citing people aware of the development. Users in the beta can trade more than 10,000 US-listed stocks and exchange-traded funds from within the Groww app.
The service runs through the International Financial Services Centres Authority (IFSCA) licence for global investing that Groww obtained at GIFT City in July, with US brokerage infrastructure provider Alpaca Securities as its partner. Groww did not respond to BusinessLine's questions about the launch.
What users get
Customers with access can buy and sell US securities directly in the app, including names such as Alphabet (Google), Apple, Nvidia, Tesla, Amazon and Meta. The feature also supports fractional investing, so an investor can put a small amount into a slice of a share rather than paying for a whole one, which matters for US companies whose single-share price runs high.
Access is limited for now. According to IBTimes India, Groww's help page describes US Stocks as being in beta and available to a limited set of customers while access is widened. Reports citing Moneycontrol expect the feature to reach all users over the next few weeks to a month.
Investments made this way still fall under the Reserve Bank of India's Liberalised Remittance Scheme, which lets resident individuals send up to $250,000 abroad each financial year, Whalesbook noted. Tax collected at source on foreign remittances and capital gains rules on overseas shares also apply.
Why it matters for Groww
The launch is part of a broader push beyond Groww's core broking and mutual fund businesses. Over the past year the platform has added commodities trading, broadened its mutual fund offerings, expanded its margin trading facility and been scaling its wealth management arm, W. Futures and options accounted for 52% of its revenue in the June quarter, Free Press Journal reported, and new products help reduce that dependence.
Interest in overseas markets among Indian investors has risen with AI-driven rallies in the US and elsewhere, a weaker rupee and an active US listings pipeline. Indian exchanges also offer few ways to invest in sectors such as semiconductors, electric vehicles and space technology.
Groww is not alone. Zerodha, Angel One and Upstox have also received GIFT City approvals to offer US stocks. BusinessLine reported that Upstox is the only one of the four to have launched so far, earlier in September. NewsBytes noted that the segment has been led by platforms such as INDmoney, Smallcase and Vested Finance.
About Groww
Groww is based in Bengaluru and started out as a mutual fund investment platform before adding stock broking and other products. It has more than 2 crore active users and assets of around ₹4 lakh crore, according to its quarterly financial statement. Its parent, Billionbrains Garage Ventures, reported consolidated net profit attributable to shareholders of ₹735 crore for the first quarter of FY27, up 94.4% from ₹378 crore a year earlier, on revenue from operations of ₹1,501 crore, up 66% from ₹904 crore.
Key facts
- Company: Groww (parent: Billionbrains Garage Ventures), Bengaluru
- Product: US stocks and ETFs inside the Groww app, with fractional investing
- Coverage: more than 10,000 US-listed stocks and ETFs
- Route: IFSCA licence for global investing at GIFT City, obtained in July 2026
- Partner: Alpaca Securities (US brokerage infrastructure)
- Status: beta, select customers; wider rollout expected within weeks
- Reported: 29 September 2026
Frequently asked questions
Can Groww users invest in US stocks?
Yes, but for now only select customers in a beta. Reports expect the feature to reach all Groww users over the next few weeks to a month.
How many US stocks does Groww offer?
More than 10,000 US-listed stocks and ETFs, including Alphabet, Apple, Nvidia, Tesla, Amazon and Meta, with fractional investing supported.
Who is Groww's partner for US stocks?
Alpaca Securities, a US brokerage infrastructure provider. Groww runs the service through the IFSCA licence for global investing it secured at GIFT City in July.
Which other Indian brokers offer US stocks through GIFT City?
Zerodha, Angel One and Upstox have also received GIFT City approvals. Upstox launched its offering in September, before Groww.
Is there a limit on how much I can invest in US stocks?
Overseas investments fall under the RBI's Liberalised Remittance Scheme, which caps remittances by resident individuals at $250,000 per financial year. TCS and capital gains tax rules also apply.
