16 Jun 2026
Zerodha, Groww, Angel One and Upstox received IFSCA approval to offer international and US stock investing through GIFT City, with services expected to go live in two to three months.
For the listed brokers among them, Angel One and Groww, this opens a new fee stream as retail appetite for US equities builds. Zerodha and Upstox will act as broker-dealers, while Groww and Angel One operate as global access providers.