Major Stakeholders Exit Groww Parent Company with Rs 5,326 Crore Transaction

In a significant move shaking the financial landscape, US-based Peak XV Partners, Ribbit Capital, and startup accelerator Y Combinator offloaded a combined 4.71% stake in Billionbrains Garage Ventures, parent company of investment platform Groww.

The bulk deal, valued at Rs 5,326 crore, saw shares traded on the National Stock Exchange on Tuesday, though details of the transaction's buyers remain undisclosed. Y Combinator, through its subsidiary YC Holdings II LLC, divested over 9.10 crore shares, equivalent to 1.45%, while Peak XV Partners parted with 6.20 crore shares. Ribbit Capital also released over 14.21 crore shares.

Despite the sell-off, which caused a 4.98% decline in Billionbrains' shares to close at Rs 183.89, the company reported a significant increase in profits, doubling its PAT to Rs 686 crore for the last quarter as of March 2026, while revenue soared 81% year-on-year.

(With inputs from agencies.)