A viral post by a user on X is allegedly claiming fraud and cheating by the Groww app in the name of investment. Taking to the microblogging site, a user accused the Groww app, a stock broking app, of cheating people by not making investments despite generating folio numbers. The user claimed that the Groww app generates folio numbers and shows investments that don't exist with the AMC. "Investor places redemption request, it fails," the tweet read. The user also alleged that Groww tried to remove the redemption request entries from their systems to generate more investment. The user made these claims after sharing screenshots of people who experience the "fraud" while using the Groww app. After the post went viral, Groww responded and said they were in touch with the customer "for any support required". Groww Receives Principle Authorisation From Reserve Bank of India To Operate As Payment Aggregator.

Investor Places Redemption Request, It Fails, Claims User

Groww Responds to Alleged "Fraud" Claim

(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)