Indian trading app Groww faces fraud allegations over uncompleted mutual fund investment.
Indian trading app Groww faces fraud allegations as a user claims her sister's investment in a mutual fund via the app did not occur. The user discovered that the folio number didn't exist when trying to redeem the investment. Groww credited the investor on good faith, requested a bank statement for scrutiny, and explained the error on the customer's dashboard. The user's accusations remain unresolved.
June 24, 2024
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