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Quick verdict: Nextbillion Technology Pvt. Ltd. is a genuine Indian financial-services legal entity whose current name is Groww Invest Tech Private Limited, according to Groww’s disclosures. The company is associated with Groww’s stock-broking, depository-participant and mutual-fund-distribution services—not with mapping APIs or location-intelligence products. A company-name match alone does not authenticate every message, job offer or payment request using that name.
What is Nextbillion Technology Pvt. Ltd.?
Groww identifies Groww Invest Tech Private Limited as “formerly known as Nextbillion Technology Private Limited.” Its CIN is U65100KA2016PTC092879. The current disclosure is available on Groww’s trust and safety page.
This means “Nextbillion Technology” may appear on older agreements, bank mandates, account documents or regulatory records even when the customer-facing brand is Groww. It should not automatically be treated as a separate mapping or logistics-technology company.
Company details and registrations
| Item | Published detail |
|---|---|
| Current legal name | Groww Invest Tech Private Limited |
| Former name | Nextbillion Technology Private Limited |
| CIN | U65100KA2016PTC092879 |
| SEBI stock-broker registration | INZ000301838 |
| CDSL depository-participant registration | IN-DP-417-2019 |
| AMFI ARN | ARN-111686 |
| Exchange memberships | NSE, BSE and MCX |
| Current registered office | Vaishnavi Tech Park, South Tower, 3rd Floor, Sarjapur Main Road, Bellandur, Bengaluru, Karnataka 560103 |
These identifiers and the address are published by Groww. Older documents may show a Koramangala, Bengaluru address; that should be treated as an older or correspondence address rather than assumed to be current.
#1 Best Overall
What does the company do?
Groww’s terms and conditions describe the entity’s role in facilitating investment and trading services. Activities include:
- Stock broking and trading in cash and futures-and-options segments.
- Mutual-fund subscriptions and redemptions.
- Depository-participant services.
- Platform, account and customer-support functions for Groww users.
- Complaint and grievance handling related to these services.
The platform, regulated intermediary and product issuer are not always the same entity. Groww Invest Tech may facilitate a transaction, while a mutual-fund asset-management company or another issuer provides the underlying investment product.
Why the mapping-company description is misleading
A third-party profile describes Nextbillion as a mapping, routing and location-intelligence provider. That description conflicts with Groww’s legal terms and regulatory disclosures, which identify financial-services activities. See the third-party claim at GeekChamp and compare it with the primary disclosures above.
Why the old name may appear on a payment or mandate
Legal entities often remain named in mandates, broker records and contracts after a consumer brand changes. NPCI’s corporate e-mandate list includes Nextbillion Technology Pvt. Ltd.; an NSE document also discusses its platform role and Groww-group relationships. Seeing the name is therefore not, by itself, evidence of an unauthorized debit.
What do reviews and complaints prove?
Directory rating
One Bengaluru Justdial listing shows 2.2/5 from 48 ratings. This is a user-generated directory signal tied to a listing under the old name—not an audited customer-satisfaction study or a universal rating for Groww’s current app. The listing is at Justdial.
Online fraud allegations
Two consumer-complaint pages allege that people using the Nextbillion name requested deposits, GST payments or transfer fees. The pages do not establish who contacted the complainants or whether the allegations are genuine. They may involve impersonators or unrelated individuals: complaint one and complaint two.
Rank #4
- Author: Guillebeau, Chris.
- Publisher: Currency
- Pages: 304
- Publication Date: 2012-05-08
- Edition: NO-VALUE
Do not turn either anonymous allegations or a directory score into a finding that the company is fraudulent. Regulatory orders, identifiable account records and transaction evidence are materially stronger evidence.
Legitimacy and regulatory history
Corporate identity is supported by Groww’s disclosures, market registrations and NPCI records. That establishes the entity’s existence; it does not guarantee investment returns, uninterrupted service or the authenticity of every person claiming to represent it.
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A SEBI settlement order identifies Groww Invest Tech Private Limited, formerly Nextbillion Technology Private Limited, in adjudication proceedings arising from a comprehensive inspection. The existence of a settlement proceeding should not be paraphrased as a fraud finding or admission of every allegation; readers should consult the order for its procedural posture, allegations and terms.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.How to verify a contact using the name
- Do not pay a security deposit, GST amount, withdrawal fee, release fee or account-activation charge to receive profits or a job benefit.
- Ignore unofficial WhatsApp, Telegram, personal-email and app-download links.
- Open the Groww app or type the official website address manually, then check whether the matter appears inside the authenticated account.
- Compare the legal name, CIN, registration numbers and contact details with Groww’s official disclosure.
- Save screenshots, receipts, phone numbers, email headers and bank details.
- Use the customer-care and escalation contacts in Groww’s grievance matrix. Report suspected securities fraud to SEBI SCORES and, where appropriate, cybercrime authorities.
Current Groww pricing snapshot
The following figures were checked on August 16, 2026 and can change. Verify the live tariff at Groww pricing before transacting.
| Charge | Published figure or condition |
|---|---|
| Equity brokerage | ₹20 per executed transaction in the stated category |
| DP charge | ₹20 per company, with the page’s stated ₹0 condition for debit value below ₹100 |
| MTF interest | 14.95% per annum on the funded amount |
| UPI-mandate-balance equity brokerage | 1% of order value with no maximum cap, according to the page |
| GST | 18% on listed brokerage, DP, exchange and other specified charges |
Total cost can also include exchange transaction charges, SEBI turnover charges, stamp duty, pledge or auto-square-off fees and product-specific costs. Brokerage alone is not a complete cost comparison.
Quick Recap
Bottom line for different readers
- Existing Groww customer: the old name on a mandate or document may be normal.
- Prospective investor: verify current registrations, fees and product risks before opening an account.
- Unexpected contact: treat it as suspicious until independently confirmed through official channels.
- Job seeker: verify vacancies through official Groww channels, not a recruiter’s payment request.
- Customer with a complaint: use Groww’s grievance process, then SEBI SCORES where applicable.
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
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