Zerodha, Groww See Erosion In User Base

Market leader Groww’s active user base also plunged by about 30% to 95.38 Lakh in February from 1.32 Cr at the end of January 2025, NSE data showed

Almost all brokerages were hit by the negative sentiment last month, with the cumulative active users of all platforms combined falling 19% to 4.08 Cr from 5.02 Cr in January

Paytm Money was an anomaly, with its active user base growing to 8.02 Lakh by the end of February from 6.91 Lakh in the previous month

Amid the ongoing correction in the Indian equities market,…