Lalit Keshre (Co-Founder Groww) Age, Wife, Children, Family, Biography

Some Lesser Known Facts About Lalit Keshre

• Lalit Keshre was born in a remote village of Madhya Pradesh.

• He was raised in a farming family.

• In an interview, Lalit revealed that, since there was no English-medium school in his village, his parents sent him to live with his grandparents in Khargone, where there was also only one newly opened English-medium school.

• After completing higher secondary, Keshre went on to crack the Joint Entrance Exam and secure a place at IIT Bombay, where he completed both his bachelor’s and master’s degrees in Electrical Engineering.

• Keshre has been investing in stocks since his college days.

• In 2004, Lalit started his professional career in product and engineering roles at Ittiam Systems, Bangalore. He has worked there till 2011.

• In May 2011, he founded Eduflix, an edtech startup. Unfortunately, it shut down in 2013 due to bandwidth challenges and a lack of funding. In an interview, he mentioned that this setback taught him valuable lessons about market fit and persistence.

• In July 2013, Lalit joined Flipkart, where he spent nearly three years in key product roles, including leading Flipkart Quick.

• In May 2016, Keshre, along with fellow ex-Flipkart colleagues Harsh Jain, Ishan Bansal, and Neeraj Singh, started Groww, which aimed to democratise investing in India. Under his leadership, Groww went on to attract global investors, including Singapore, Norway, Abu Dhabi, MIT, and Goldman Sachs.
  

  Lalit Keshre with other founders of Groww

• Lalit Keshre also secured investment from Microsoft CEO Satya Nadella for Groww.

• In 2021, Groww became India’s first gaming unicorn that valued at $3 billion by 2023, serving over 50 million users.

• In 2021, during the India-China tensions, Groww faced criticism because a Chinese company owned a 10% stake in Groww. However, in an interview, Lalit mentioned that Tencent’s involvement was limited, but it was widely criticized.

• In 2024, he won the EY Entrepreneur of the Year Award (Startup Category).

• On 12 November 2025, Groww’s stock listing at ₹100 per share sparked a rally that has increased the price by over 70% in just four sessions, and also pushed its market capitalization to over Rs 1 Lakh crore. As Keshre owns 55.91 crore shares, which account for a 9.06% stake in the company. With the stock trading at Rs 169 per share, his stake is valued at Rs 9,448 crore, which placed him near the $1 billion mark.

• Lalit is also involved in philanthropy work. He promotes financial literacy through Groww Academy, offering free workshops for small-town youth.

• He collaborates with NGOs to bridge urban-rural financial gaps and mentors startups, promoting entrepreneurship across India.

• Since 2007, Lalit has been serving as director of Aaditya Vidya Vihar School, Khargone, Madhya Pradesh.

• Lalit Keshre lives in Bangalore with his wife and daughter.

• He is an avid reader. He loves to read books by Nassim Taleb and Bill Bryson.

• In an interview, Keshare mentioned that he is passionate about building customer-centric pre-ad products that can improve access to financial services for people across India. He has also invested in various startups.

• He loves to spend time with his family.