Success Editor Team
Lalit Keshre’s journey is the very definition of a modern entrepreneurial fairy tale. Born in Lepa, a small village in Madhya Pradesh, he grew up in humble surroundings, raised by his grandparents in a place with very limited resources. Moneycontrol+2India Today+2 His early education came from the only English-medium school in Khargone district, which laid the foundation for his dreams. India Today
Driven by ambition and a passion for engineering, Keshre cracked the JEE (Joint Entrance Exam) and secured admission to IIT Bombay, where he completed both his B.Tech and M.Tech, specializing in microelectronics. India Today+2Top Mag+2
After college, he began his career in product and engineering roles. He worked at Ittiam Systems for several years before joining Flipkart as an early product manager. At Flipkart, he played a key role in the Marketplace business and also worked on Flipkart Quick—experience that would later shape his future. India Today
In 2016, Lalit teamed up with three of his Flipkart colleagues — Harsh Jain, Ishan Bansal, and Neeraj Singh — to found Groww, a fintech platform aimed at democratizing investing for everyday Indians. Moneycontrol+1 What started as a simple mutual fund app quickly evolved under his leadership into a full-stack investment ecosystem offering stocks, ETFs, IPOs, and more. Groww
Fast forward to 2025, Groww made a spectacular debut on the stock market, with its market capitalization crossing ₹1 lakh crore. mint The firm’s IPO triggered a sharp rally: Keshre owns about 55.91 crore shares, translating to a 9.06% stake, which is now valued at around ₹9,400–₹9,960 crore, officially making him a billionaire. The Economic Times+2mint+2
But for Keshre, the IPO was never just about money. He has repeatedly emphasized that public listing was about building trust and accountability — now that customers and shareholders overlap, Groww has a deeper responsibility to its users. The Economic Times
His ascent from a farmer’s son in rural Madhya Pradesh to heading one of India’s most valuable fintech companies is not only a personal triumph but also a powerful symbol of India’s expanding startup ecosystem. It underscores how talent, grit, and vision can break ceilings, regardless of one’s starting point.
Key Highlights:
- Origin: Born in Lepa village, Madhya Pradesh NewsBytes
- Education: IIT Bombay – B.Tech & M.Tech in Technology/Microelectronics India Today
- Early Career: Product management at Flipkart (Marketplace, Quick) The Economic Times
- Founded: Groww in 2016, with three Flipkart colleagues India Today
- Net Worth: ~₹9,400–₹9,960 crore as of IPO surge mint+1
Lalit Keshre’s story is a reminder that with vision, perseverance, and the right mindset, even the loftiest dreams can be realized.
