Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, New Delhi, 12th May 2026: US-based Peak XV Partners, Ribbit Capital, and Y Combinator divested a total of 4.71% stake in Billionbrains Garage Ventures, the parent company of Groww, on Tuesday for Rs 5,326 crore through open market transactions.
The combined sale involved 29,52,16,138 shares, representing a 4.71% equity stake in Groww, according to bulk deal data on the National Stock Exchange (NSE).
Y Combinator, via its arm YC Holdings II LLC, sold over 9.10 crore shares (1.45%), while Peak XV Partners, through its affiliate Peak XV Partners Investments VI-1, disposed of 6.20 crore shares in Bengaluru-based Groww.