Who Is Lalit Keshre? Wiki, Age, Parents, Wife, Net Worth, Qualification & Facts About Groww CEO
Lalit Keshre (born 15 July 1987, Age: 36 years old ) is a businessman and entrepreneur from India. He is the co-founder and CEO of Groww, an online investment platform that allows users to invest in mutual funds, stocks, futures and options, and other financial products without any fees or commissions.
He is also a former executive at Flipkart, India’s largest e-commerce company, where he met his co-founders of Groww. He has been featured in various media outlets, such as Moneycontrol, Forbes, and StartupTalky, for his success and innovation in the fintech industry.
Early Life and Family
Lalit Keshre was born on July 15, 1987, in Mumbai, Maharashtra, India. He grew up in a small village called Lepa in Madhya Pradesh, where his father is a farmer and his mother is a homemaker. He lived with his grandparents and attended the only English-medium school in the Khargone district of Madhya Pradesh. He was interested in science and mathematics from a young age and excelled in his studies.
Lalit Keshre Wiki/Bio
| Name | Lalit Keshre |
| Date of Birth | July 15, 1987 |
| Age (as of 2023) | 36 Years |
| Place of Birth | Mumbai, Maharashtra, India |
| Current Residence | Bengaluru, Karnataka, India |
| Education | St. Jude’s School, Khargone, Madhya Pradesh, India |
| Indian Institute of Technology, Bombay, Maharashtra, India | |
| Occupation | Businessman, Entrepreneur |
| Position | Co-founder and CEO of Groww |
| Net Worth | Rs 250 Crore (Approx.) |
| Spouse | Bharti Patwari Poorey |
| Children | One Daughter |
| Social Media | Instagram: lalit_keshre |
| LinkedIn: lalitkeshre | |
| Twitter: lkeshre | |
| Homepage | newsunzip.com |
Education, School & College
After finishing 12th standard, Keshre learned about the Joint Entrance Exam (JEE), a competitive examination for admission to the Indian Institutes of Technology (IITs), the most prestigious engineering college in India. He prepared for the exam and managed to secure a seat at IIT Bombay, one of the top-ranked IITs in the country.
He moved to Mumbai and pursued his bachelor of technology degree in electrical engineering from 1999 to 2004. He was among the top performers in his batch and received several awards and scholarships for his academic excellence.
Career and Achievements
After graduating from IIT Bombay, Keshre joined Ittiam Systems, a product and engineering company based in Bangalore, India, as a software engineer. He worked there for nearly seven years, from August 2004 to March 2011, and gained valuable experience in developing and designing software solutions for various domains, such as multimedia, wireless, and networking.
In March 2011, Keshre left Ittiam Systems and founded his first startup, Eduflix, an online video learning platform that offered smart courses with video lessons and testing tools, created by expert teachers. He was the CEO and co-founder of Eduflix and was responsible for the overall vision, strategy, and execution of the company. He ran Eduflix for about four years, until June 2015, and reached over 100,000 users across India.
In July 2015, Keshre joined Flipkart, India’s largest e-commerce marketplace, as a group product manager. He was part of the core team that built and launched Flipkart Assured, a quality and speed assurance program that guaranteed fast and free delivery of high-quality products to customers. He also worked on various other initiatives, such as Flipkart Lite, a progressive web app that offered a fast and smooth shopping experience on low-end devices and slow networks, and Flipkart Ping, a social shopping feature that allowed users to chat and share products with their friends and family. He worked at Flipkart for about a year, until May 2016, and met his future co-founders of Groww.
Rise to Fame
In June 2016, Keshre, along with Harsh Jain, Ishan Bansal, and Neeraj Singh, who were also former Flipkart employees, started Groww, an online investment platform that aimed to make investing simple, accessible, transparent, and fully paperless for everyone. Keshre became the CEO and co-founder of Groww and led the product, engineering, and growth teams of the company. He and his co-founders bootstrapped Groww for the first two years, and launched the platform in April 2017, with a focus on direct mutual funds.
Since then, Groww has expanded its offerings to include stocks, futures and options, IPOs, sovereign gold bonds, digital gold, and fixed deposits. It has also introduced features such as bill payments, UPI, personal loans, and educational content. It has grown to become one of India’s most popular and trusted investment and finance apps, with over 50 million downloads and 15 million registered users, as of January 2024. It has also become India’s largest stockbroker by active investors, surpassing Zerodha, in October 2023.
Groww has raised over $300 million in funding from various investors, such as Y Combinator, Sequoia Capital India, Tiger Global, Ribbit Capital, and DST Global. It has also acquired Indiabulls Asset Management Company and Indiabulls Trustee Company, two subsidiaries of Indiabulls Housing Finance, for Rs 175 crore, in April 2021, to enter the asset management business. It has also acquired PropShare Capital, a fractional ownership platform for commercial real estate, for an undisclosed amount, in December 2023, to diversify its portfolio.
Keshre has been recognized and awarded for his achievements and contributions to the fintech industry. He was named in the Forbes 30 Under 30 Asia list in 2020, in the finance and venture capital category. He was also featured in the Economic Times 40 Under 40 list in 2021, in the corporate category. He was also honored with the Entrepreneur of the Year award by the Indian Startup Awards in 2022.
Personal Life, Spouse & Kids
Lalit Keshre is married to Bharti Patwari Poorey, a software engineer and entrepreneur, who is the co-founder and CTO of Eduflix, Keshre’s first startup. They met at IIT Bombay, where they were classmates and friends. They got married in 2009, and have a daughter, who was born in 2013. They live in Bengaluru, Karnataka, India, where Groww is headquartered.
Net Worth & Income Sources
According to Money Inc, Lalit Keshre has an estimated net worth of $3 billion, which in INR is 247 crores, as of 2023. He has a reported annual salary of $47 million. His main source of income is his stake in Groww, which he co-founded in 2016, along with Harsh Jain, Ishan Bansal, and Neeraj Singh. Groww has raised over $300 million in funding from various investors, such as Y Combinator, Sequoia Capital India, Tiger Global, Ribbit Capital, and DST Global.
It has also acquired Indiabulls Asset Management Company and Indiabulls Trustee Company, two subsidiaries of Indiabulls Housing Finance, for Rs 175 crore, in April 2021, to enter the asset management business. It has also acquired PropShare Capital, a fractional ownership platform for commercial real estate, for an undisclosed amount, in December 2023, to diversify its portfolio.
Groww has grown to become one of India’s most popular and trusted investment and finance apps, with over 50 million downloads and 15 million registered users, as of January 2024. It has also become India’s largest stockbroker by active investors, surpassing Zerodha, in October 2023.
Height, Weight & Physical Stats
| Weight | In Kilograms: 70 kg In Pounds: 154.32 lbs |
| Height | In Feet Inches: 5′ 8″ In Meters: 1.72 m In Centimetres: 172 cm |
| Hair Color | Black. |
| Eye Color | Black. |
Social Media Presence
Keshre is active on social media platforms, such as Instagram, LinkedIn, and Twitter, where he shares his insights, opinions, and updates on Groww and the fintech industry. He has over 100,000 followers on Instagram, over 50,000 connections on LinkedIn, and over 20,000 followers on Twitter, as of January 2024. He also writes blogs and articles on Medium, where he has over 10,000 followers.
Hobbies & Interest
Keshre is also interested in sports and fitness. He plays cricket and badminton and follows the Indian national teams in both sports. He also likes to run and cycle and participates in marathons and triathlons. He also practices yoga and meditation and follows a healthy and balanced diet.
Keshre is passionate about learning and reading. He reads a lot of books, especially on topics such as business, entrepreneurship, finance, and technology. Some of his favorite books are The Lean Startup by Eric Ries, Zero to One by Peter Thiel, The Hard Thing About Hard Things by Ben Horowitz, and The Innovator’s Dilemma by Clayton Christensen. He also listens to podcasts, such as Masters of Scale by Reid Hoffman, How I Built This by Guy Raz and The Tim Ferriss Show by Tim Ferriss.
Lalit Keshre is a businessman and entrepreneur from India, who is the co-founder and CEO of Groww, an online investment platform that offers various financial products and services without any fees or commissions.
