The new user and the referrer can both receive cash payouts or other incentives, like free shares of stocks or mutual fund units, for each successful referral. As a result, both new users and current users benefit from increasstaased earnings and access to useful financial tools & resources. Given the importance of word-of-mouth recommendations in the current digital era, the program is especially alluring. Utilizing their current user base, Groww successfully broadens its audience while cultivating a community of astute financial people who are ready to exchange stories. There are many advantages to referring friends to the Groww App that go beyond simple financial gain.