Y Combinator

Groww: If Your Customers Don't Love It or Hate It, You've Already Lost

Jun 15, 2026 30 min
fintechstartup cultureproduct managementcustomer experience
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Summary

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Lalit Keshre, CEO of Groww, discusses the company's growth journey, the importance of building products customers truly love, and the philosophy of staying customer-obsessed even after scaling.

Lalit Keshre, CEO of Groww, shares insights from his company's journey of building a massive consumer fintech platform in India. He emphasizes the importance of moving beyond simple product features and focusing on truly understanding customer needs, often by reading between the lines of direct feedback.

Keshre outlines the company's early evolution, moving from a failed robo-advisor concept to a platform built on transparency and accessibility. He discusses the critical decision to "open the platform" fully to customers, even if it initially seemed counter-intuitive for monetization. He also highlights the importance of keeping a startup culture, staying close to power users, and ensuring the core team maintains an obsession over design and product quality even as the company scales to millions of users.

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Worth watching if: You are a startup founder or product manager looking for insights on scaling a B2C product in a regulated industry, or you want to understand the philosophy of maintaining product-market fit at scale.

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