Groww stake sale: Peak XV, Ribbit, and Y Combinator sell 4.71% for Rs 5,326 crore

Peak XV Partners, Ribbit Capital, and Y Combinator sold a combined 4.71 per cent stake in Billionbrains Garage Ventures, which owns Groww. The sale happened on Tuesday through open market deals on the NSE. Together, the investors raised Rs 5,326 crore. The transactions involved nearly 29.52 crore shares, according to bulk deal data.

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The shares changed hands at prices between Rs 180.01 and Rs 181.34 each. This priced the combined trades at Rs 5,325.77 crore, based on NSE figures. The exchange did not show who bought the shares. Billionbrains Garage Ventures shares later fell 4.98 per cent and ended at Rs 183.89 on the NSE.

Groww stake sale by Peak XV Partners, Ribbit Capital, and Y Combinator

Y Combinator sold the shares through YC Holdings II LLC. It offloaded more than 9.10 crore shares, equal to a 1.45 per cent stake. Peak XV Partners sold through Peak XV Partners Investments VI-1. This entity sold 6.20 crore shares in the Bengaluru-based company.

Ribbit Capital exited part of its holding through two entities. The NSE data listed Ribbit Capital V LP and Ribbit as the sellers. These arms together sold more than 14.21 crore shares in the stock broking firm. The three investors jointly sold 29,52,16,138 shares, equal to 4.71 per cent.

Groww holdings before the Peak XV Partners, Ribbit Capital, and Y Combinator sale

Before the sale, the investors held larger stakes as of the March quarter. Y Combinator, via YC Holdings II, LLC and YCCG21 LP, owned 11.25 per cent. Peak XV Partners held 16.88 per cent at that time. Ribbit Capital V, through affiliates, owned a 12.36 per cent shareholding.

Groww financial results as Billionbrains Garage Ventures reports March 2026 numbers

The sale followed a strong quarterly update reported last month. Billionbrains Garage Ventures posted profit after tax of Rs 686 crore for the quarter ended March 2026. This was more than double the Rs 309 crore recorded a year earlier. Total income rose 81 per cent to Rs 1,536 crore from Rs 850 crore.

The bulk deal data on the NSE showed the sellers and share counts in detail. However, the buyer identities were not available through exchange disclosures. The share sale was executed through open market transactions. The stock ended lower after the trades, while the company had recently reported sharp gains in profit and income.

With inputs from PTI