Agriculture
Minimum Investment
₹ 10k
Minimum Tenure
1 years
Returns
11% - 14%
Growpital is a platform that provides investment opportunities in agriculture projects. They offers high yield and tax free returns, but, corporate structure looks bit complicated which might leads to regulatory issues
Pros:
- - High yield and tax free
Cons:
- - Too good to be true since they are claiming zero risk
- - Due to their structure, Their possibility of regulatory scrutiny is high.
RedFlags
SEBI froze Growpital accounts on 29 Jan 2024
SEBI classified Growpital platform as a CIS and froze their accounts on 29 Jan 2024. No investor can invest or withdraw any amount temperorily due to this interim order by SEBI. You can read the order by clicking the Read More On 30th Jan, Growpital gave a response to the investors as in the following screenshot. We will keep you posted about the developments here.
