Nextbillion Technology (Groww), the venture capital-backed broking platform, has dislodged Zerodha Broking as India’s largest brokerage in terms of number of active clients. Groww had 6.63 million active clients at the end of September, as against Zerodha’s 6.48 million, 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 available on the National Stock Exchange (NSE).
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