India's largest discount brokerage platforms, including Groww, Zerodha, Angel One, Upstox and Dhan, are preparing to launch overseas investing services through the GIFT City International Financial Services Centre (IFSC).
The move allows Indian retail investors to purchase foreign equities, such as shares in Apple and Nvidia, directly through domestic brokerage apps rather than relying on third-party offshore platforms.
The development marks a significant shift in the Indian retail investment landscape.
By leveraging the regulatory framework of the GIFT City IFSC, these brokerages can offer a seamless, compliant channel for cross-border equity trading.
This infrastructure reduces friction for investors seeking exposure to global technology and growth stocks, potentially increasing capital outflows from India to US markets while expanding the addressable market for these brokerages.
The launch coincides with broader efforts by Asian financial hubs to enhance connectivity.