US-based Peak XV Partners, Ribbit Capital, and Y Combinator divested a combined 4.71 per cent stake in Billionbrains Garage Ventures, the parent company of Groww, on Tuesday for Rs 5,326 crore through open market transactions.
A total of 29,52,16,138 shares representing a 4.71 per cent equity stake in Groww by the three investors, as per the bulk deal data available on the National Stock Exchange (NSE).
Startup accelerator Y Combinator, through its arm YC Holdings II LLC, sold over 9.10 crore shares, or 1.45 per cent stake, and Peak XV Partners, through its affiliate Peak XV Partners Investments VI-1, disposed of 6.20 crore shares in Bengaluru-based Groww.
In addition, venture capital firm Ribbit Capital, through its two arms -- Ribbit Capital V LP and Ribbit -- offloaded over 14.21 crore shares in the stock broking firm, as per the data on the NSE.
The shares were sold in the price range of Rs 180.01-181.34 apiece, taking the combined transaction value to Rs 5,325.77 crore.
At the end of the March quarter, Y Combinator through its arms -- YC Holdings II, LLC and YCCG21 LP -- owned a 11.25 per cent stake in Groww, while Peak XV Partners hold a 16.88 per cent holding and Ribbit Capital V via its affiliates owned an 12.36 per cent shareholding in the company.
Details of the buyers of Billionbrains Garage Ventures' shares could not be ascertained on the exchange.
Shares of Billionbrains Garage Ventures declined 4.98 per cent to close at Rs 183.89 apiece on the NSE.
Last month, Billionbrains Garage Ventures reported over two-fold growth in profit after tax to Rs 686 crore for the three months ended March 2026.
The company had posted a PAT of Rs 309 crore in the same quarter of the preceding fiscal year.
Its total income surged 81 per cent year-on-year to Rs 1,536 crore in the quarter under review from Rs 850 crore in the January-March quarter of 2025.
Published on May 12, 2026