Founded in 1983, Karvy Group grew to become one of India's largest and most prominent financial services conglomerates. Through its various entities, including Karvy Financial Services Limited and its key subsidiary Karvy Stock Broking Limited (KSBL), the company provided a wide range of services such as equity broking, portfolio management, wealth advisory, and distribution of mutual funds and insurance. At its peak, it served millions of retail investors across India. However, in 2019, the company became embroiled in a massive fraud scandal, leading to a ban by the Securities and Exchange Board of India (SEBI) and the ultimate collapse of its broking business.

Founded in

India