Groww CTO: AI Will Not Fully Displace Relationship Managers
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Groww CTO: AI Won't Fully Replace Relationship Managers, New Wealth Platforms Launched
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CNBC TV18•02-03-2026, 15:41
Groww CTO: AI Won't Fully Replace Relationship Managers, New Wealth Platforms Launched
•Groww is expanding beyond broking and mutual funds into wealth management, AI-led advisory, bonds, and professional trading tools.
•The company launched 'Prime' for DIY investors seeking AI-guided portfolio decisions and 'W' for HNI clients with ₹5 crore+ net worth, offering relationship managers and alternative investments.
•CTO Neeraj Singh stated that 95% of Groww's core systems, including AI models, are built in-house, with AI embedded since early days for digital account opening.
•Singh believes AI and human relationship managers will coexist, with AI increasingly providing personalized insights and driving internal productivity.
•Groww also introduced listed bonds and '915' for advanced traders, while UBS initiated coverage with a 'Neutral' rating, expecting non-broking verticals to drive future growth.