Zerodha, Groww, Angel One, Upstox get Gift City nod to offer US stocks to Indian investors

Leading Indian fintechs Groww, Zerodha, Angel One, and Upstox got IFSCA licenses to offer US stocks. Groww and Upstox secured Global Access Provider licenses, while Zerodha and Angel One became broker-dealers. This allows Indian retail traders direct or indirect access to US markets, with Zerodha and Groww getting approval on June 2.