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Despite their impressive performance in coarse-grained video understanding, Video Large Language Models (Video-LLMs) still face challenges in fine-grained temporal grounding, including ineffective temporal modeling and inadequate timestamp representations. In this work, we introduce Grounded-VideoLLM, a novel Video-LLM designed to perceive and reason over specific video moments with fine-grained temporal precision. Our model features (1) a two-stream encoder that explicitly captures inter-frame relationships while preserving intra-frame visual details and (2) discrete temporal tokens enriched with structured time knowledge for timestamp representation. Besides, we propose a multi-stage training strategy tailored to such grounding-specific architecture. The model is initially trained on simple video-caption tasks and progressively introduced to complex video temporal grounding tasks, ensuring a smooth learning curve and temporal alignment. We further strengthen Grounded-VideoLLM’s temporal reasoning by constructing a VideoQA dataset with grounded information using an automated annotation pipeline. Extensive experiments demonstrate that Grounded-VideoLLM not only surpasses existing models in fine-grained grounding tasks but also exhibits strong potential as a general video understanding assistant.