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Markets1h 42m ago

Leading Indian brokerages Groww, Zerodha, Angel One, and Upstox have been granted licenses by the International Financial Services Centres Authority (IFSCA) to expand into overseas equity investing.

GIFT City, Gujarat, India

Who
Groww, Zerodha, Angel One, Upstox, International Financial Services Centres Authority (IFSCA)
What
Leading Indian brokerages Groww, Zerodha, Angel One, and Upstox have been granted licenses by the International Financial Services Centres Authority (IFSCA) to expand into overseas equity investing.
When
Wed, 17 Jun 2026 09:03:00 GMT · 1h 42m ago
Where
GIFT City, Gujarat, India ·
Why
The brokerages sought licenses from IFSCA to broaden their participation in cross-border financial transactions and offer Indian retail investors access to international stock markets.
The Frontline Impact

How this affects you

This development makes investing in US stocks easier for Indian retail investors, potentially increasing capital outflow as Indian investors allocated approximately $440 million to overseas equities in March, a 43% increase from the previous year.

Story chain

2 events in this thread
  1. Currently Reading1h 42m ago
    Leading Indian brokerages Groww, Zerodha, Angel One, and Upstox have been granted licenses by the International Financial Services Centres Authority (IFSCA) to expand into overseas equity investing.
  2. Markets1h 42m ago
    Leading Indian new-age brokerages, including Groww, Zerodha, Angel One and Upstox, are expanding into overseas equity investing after obtaining licences from the International Financial Services Centres Authority (IFSCA).
    Open article

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