---
title: 'Procurement Specialist at Groww'
canonical: 'https://feeny.ai/job/procurement-specialist-groww-bengaluru-vtp-29cajd9f424j'
type: 'job'
last_seen: '2026-11-02'
---

# Procurement Specialist at Groww

- **Company:** Groww
- **Location:** Bengaluru-Vtp, India
- **Posted:** 2026-10-14
- **Last confirmed live:** 2026-11-02
- **Apply:** https://job-boards.eu.greenhouse.io/groww/jobs/4980317101

## Job description

About Groww:

We are a passionate group of people focused on making financial services accessible to every Indian through a multi-product platform. Each day, we help millions of customers take charge of their financial journey. Customer obsession is in our DNA. Every product, every design, every algorithm down to the tiniest detail is executed keeping the customers’ needs and convenience in mind. Our people are our greatest strength. Everyone at Groww is driven by ownership, customer-centricity, integrity and the passion to constantly challenge the status quo.

Are you as passionate about defying conventions and creating something extraordinary as we are? Let’s chat.

Our Vision

Every individual deserves the knowledge, tools, and confidence to make informed financial decisions. At Groww, we are making sure every Indian feels empowered to do so through a cutting-edge multi-product platform offering a variety of financial services. Our long-term vision is to become the trusted financial partner for millions of Indians.

## Our Values

Our culture enables us to be what we are — India’s fastest-growing financial services company. It fosters an environment where collaboration, transparency, and open communication take center-stage and hierarchies fade away. There is space for every individual to be themselves and feel motivated to bring their best to the table, as well as craft a promising career for themselves.

The values that form our foundation are:

- Radical customer centricity
- Ownership-driven culture
- Keeping everything simple
- Long-term thinking
- Complete transparency

## About the Role

We seek an experienced, results-driven purchasing manager to join our team at Groww. As a purchase manager, you will be responsible for handling the procurement process, sourcing suppliers and managing vendor relationships to ensure a seamless supply chain and optimise costs. You will also collaborate with cross-functional teams, make strategic decisions and implement best practices within our procurement function.

This is an exciting opportunity to contribute to our company's success and be part of a dynamic team in a competitive market.

## Key Responsibilities

- Develop and implement procurement strategies and policies for cost optimization and supply chain efficiency
- Identify, evaluate, and select suppliers based on quality, cost-effectiveness, and ethical standards
- Negotiate contracts and terms with suppliers to ensure favorable pricing and mutually beneficial agreements
- Manage supplier relationships, including performance evaluation, issue resolution, and long-term partnership building
- Conduct market research and analysis to stay updated on industry trends and pricing fluctuations
- Monitor inventory levels, analyze demand patterns, and implement inventory management strategies
- Collaborate with internal stakeholders to understand requirements and align procurement with organizational goals
- Implement procurement systems and tools to streamline processes and enhance efficiency
- Analyze and present procurement reports, performance metrics, and cost-saving opportunities to management
- Ensure compliance with regulatory requirements and promote ethical and sustainable sourcing practices
- Develop procurement metrics to track performance and identify areas for improvement
- Manage Admin, HR, IT, and Marketing spends

## Preferred skills and qualifications

- Bachelor's degree in supply chain management, business administration, engineering or a related field.
- 2+ years in procurement/purchasing in a fast-paced, competitive environment in the Indian market.
- In-depth knowledge of procurement principles, strategies and best practices.
- Strong skills in budgeting, cost optimisation and negotiation techniques.
- Knowledge of vendor management and inventory management systems.
- An analytical mind with excellent communication and interpersonal skills.
- Ability to work collaboratively with cross-functional teams.
- Proficiency in using procurement software and systems.
- Knowledge of local and national laws and regulations related to procurement.
- Willingness to work in a fast-paced and competitive environment.
- Knowledge of Admin , HR, IT , Marketing Spends.

## About Groww

## Company Overview
- **One-liner**: Groww is India’s largest stock broker and investing platform, offering equity trading, F&O, direct mutual funds, and zero-commission services to help individuals invest easily and transparently.
- **Entity Type**: Public – listed on the National Stock Exchange of India (NSE: GROWW)
- **Headquarters**: Bengaluru, Karnataka, India
- **Founded**: 2016
- **Founders**: Not publicly available in provided sources

## Core Business
- **Primary industry**: Financial Services – stockbroking, mutual fund distribution, wealth management.
- **Target customers**: B2C – retail investors in India ranging from first-time investors to active traders.
- **Mission/purpose**: “Every individual deserves the knowledge, tools, and confidence to make informed financial decisions.” [linkedin.com](https://in.linkedin.com/company/groww.in) – long-term vision to become the trusted financial partner for millions of Indians.

## Products & Services
- **Mutual Funds (Direct)**: Invest in direct mutual funds at zero commission via lump sum or SIP; the largest distributor of mutual fund SIPs in India. [groww.in](https://groww.in/)
- **Stock Trading (Equity)**: Buy and sell NSE/BSE-listed stocks with a paperless Demat account, advanced charts, and real-time monitoring. [groww.in](https://groww.in/)
- **Futures & Options (F&O)**: Professional-grade F&O trading with option chain analysis, payoff baskets, and a ‘Scalper’ mode for one-tap trades. [groww.in](https://groww.in/)
- **US Stocks**: Invest in US equities directly from India. [groww.in](https://groww.in/)
- **IPOs**: Apply for initial public offerings through the platform. [groww.in](https://groww.in/)
- **Commodities & Bonds**: Trade commodities like gold, silver, crude oil, and invest in bonds with fixed returns. [groww.in](https://groww.in/)
- **Margin Trading Facility (MTF)**: Get up to 4x leverage on holdings. [groww.in](https://groww.in/)
- **API Trading**: Set up algorithmic trading via APIs. [groww.in](https://groww.in/)
- **Pledge**: Unlock instant margin from existing holdings. [groww.in](https://groww.in/)
- **Groww Terminal**: Advanced analysis tool with customizable layouts and charts. [groww.in](https://groww.in/)

## Market Standing
- **Valuation/Market Cap**: Not disclosed in provided sources.
- **Key Metrics**:
  - Annual Revenue: USD 474.1 million (latest fiscal). [linkedin.com](https://in.linkedin.com/company/groww.in)
  - Total Funding: USD 1.34 billion (including a post-IPO equity round of USD 748 million in November 2025). [linkedin.com](https://in.linkedin.com/company/groww.in)
  - Active Customers: 1.4 crore (14 million) as of June 2025, making it India’s largest stock broker by active users on NSE. [groww.in](https://groww.in/)
  - Active Investors: Over 10 million. [linkedin.com](https://in.linkedin.com/company/groww.in)
- **Notable Investors/Partners**: Peak XV Partners (led Series A), GIC, ICONIQ Growth; also acquired Fisdom (USD 150M) and abulls AMC (USD 23.8M). [linkedin.com](https://in.linkedin.com/company/groww.in)
- **Growth Signals**:
  - Headcount: 1,496 employees (+20.7% YoY). [linkedin.com](https://in.linkedin.com/company/groww.in)
  - Active job postings increased +550% year-over-year. [linkedin.com](https://in.linkedin.com/company/groww.in)
  - Expanded to 8 countries (including US, Canada, Australia, Nigeria). [linkedin.com](https://in.linkedin.com/company/groww.in)

## Competitive Advantages
- **Scale & Trust**: Largest stock broker in India by active users, with a base of 50M+ registered users. [groww.in](https://groww.in/)
- **Zero-commission model**: No account opening charges, zero commission on direct mutual funds, and transparent fee disclosure. [groww.in](https://groww.in/)
- **Multi-product platform**: Covers stocks, mutual funds, F&O, US stocks, commodities, bonds, and IPOs under one app. [groww.in](https://groww.in/)
- **Tech-forward experience**: Paperless onboarding, one-tap trading, API access, and advanced charting tools. [groww.in](https://groww.in/)

## Strategic Focus
- Deepen the multi-product offering to become a one-stop financial partner for Indian consumers.
- Expand wealth management (private wealth division, acquisition of Fisdom).
- Leverage AI and data to improve customer experience and personalization (e.g., AI & MarTech growth roles). [greenhouse.io](https://job-boards.greenhouse.io/groww)
- Continue building trust through transparency and customer-centric product design.

## Why Work Here
- **Culture**: “Customer obsession is in our DNA.” Emphasis on ownership, transparency, simplicity, and long-term thinking. [linkedin.com](https://in.linkedin.com/company/groww.in)
- **Work Environment**: Fast-paced with freedom to experiment, fail, and learn; all ideas count and your profile isn’t a straitjacket. [groww.in](https://groww.in/careers)
- **Remote/Hybrid**: Most roles are Bengaluru-based (Vaishnavi Tech Park); some locations like Mumbai and GIFT City. [greenhouse.io](https://job-boards.greenhouse.io/groww)
- **Notable Perks**: Working on a platform used by 50M+ users, impact at scale, and a collaborative team culture where “work is play.”
- **Engineering Culture**: Tech-driven company with roles in API trading, AI, cybersecurity, and product engineering. [linkedin.com](https://in.linkedin.com/company/groww.in)

## Sources
1. [groww.in – About Us](https://groww.in/about-us)
2. [groww.in – Careers](https://groww.in/careers)
3. [greenhouse.io – Groww Job Board](https://job-boards.greenhouse.io/groww)
4. [groww.in – Homepage](https://groww.in/)
5. [linkedin.com – Groww Company Profile](https://in.linkedin.com/company/groww.in)

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