Groww has received a CARE AA Stable issuer rating from CARE Ratings Limited, marking a significant development for the fintech company. Billionbrains Garage Ventures Limited, which operates under the Groww brand, announced this rating assignment to stock exchanges on April 01, 2026.

Rating Assignment Details

The company informed both BSE Limited and National Stock Exchange of India about the rating assignment in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was made through official channels to ensure proper regulatory compliance.

Regulatory Compliance

The rating information has been made available on the company's official website at www.groww.in , ensuring transparency and accessibility for stakeholders. This disclosure aligns with the company's commitment to maintaining proper regulatory compliance and keeping investors informed about material developments.

Company Information

Billionbrains Garage Ventures Limited, formerly known as Billionbrains Garage Ventures Private Limited, operates from its registered office in Bangalore, Karnataka. The company secretary and compliance officer Roshan Dave signed the official communication to the stock exchanges, confirming the rating assignment.

The CARE AA Stable rating reflects the rating agency's assessment of the company's creditworthiness and financial position. This development provides stakeholders with an independent evaluation of the company's credit profile and operational capabilities in the competitive fintech sector.

Groww has achieved a significant regulatory milestone with the Competition Commission of India (CCI) approving its proposed transaction with State Street Global Advisors, Inc. The approval relates to an investment deal involving Groww Asset Management Limited (Groww AMC), marking progress in the company's strategic partnership initiatives.

CCI Approval Details

The Competition Commission of India has considered and approved the proposed transaction, which carries Registration No. C-2026/02/1385. While the regulatory body has granted its approval, the company noted that the formal order from CCI is still awaited.

Transaction Background

This regulatory approval follows the company's earlier communication dated January 14, 2026, when Billionbrains Garage Ventures Limited informed stakeholders about its Board's approval for executing key agreements related to this transaction. The approved agreements include:

• Share Subscription and Share Purchase Agreement (SSPA)
• Shareholders' Agreement (SHA)

These agreements involve three primary parties: the Company, Groww Asset Management Limited, and State Street Global Advisors, Inc., with the transaction structured as an investment in Groww AMC.

Regulatory Compliance

The company has maintained transparency throughout the approval process, ensuring compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As part of its regulatory obligations under Regulation 30, Billionbrains Garage Ventures Limited has made this information available on its official website at www.groww.in .

Strategic Significance

The CCI approval represents a crucial step forward in the proposed transaction, which was initially subject to requisite regulatory approvals. With this regulatory hurdle cleared, the investment deal involving State Street Global Advisors' participation in Groww AMC can proceed as planned, pending the formal order documentation.