Groww: Increase Product Velocity by Empowering Decentralized Teams

Description

"If you are deciding everything, then you are limited by your own speed". That’s a belief Groww co-founder and CEO, Lalit Keshre, keeps front and center as he and his co-founders scale the investment platform. Keshre believes that by having a decentralized structure, team members are empowered to make quicker decisions around products. On this episode of Moonshot, we chat with Lalit Keshre and Ashish Agrawal, Managing Director at Sequoia India, about key design choices Groww made to take on a market with strong incumbents. Show Notes: Financial services is a basic human need [01:16] When engineering and finance converge [05:20] Set up a decentralized structure and empower your teams to make quicker decisions [14:03] Taking a pull-driven approach to building an investment platform [18:12] Bake customer-centricity into every product decision [ 21:44] Don’t sell, educate instead [23:43] Pursue long-term success over short-term gains [26:04] Attract talent by offering purpose, autonomy, and growth [28:16] Trust in your own convictions [30:35]