US-based investment firms Peak XV Partners, Ribbit Capital, and Y Combinator have collectively divested a 4.71 percent stake in Billionbrains Garage Ventures, the parent company of Groww, for ₹5,326 crore through open market transactions on Tuesday.
According to bulk deal data from the National Stock Exchange (NSE), a total of 29,52,16,138 shares representing this stake were sold by the three investors. Y Combinator, via its arm YC Holdings II LLC, sold over 9.10 crore shares, accounting for 1.45 percent of its stake, while Peak XV Partners, through Peak XV Partners Investments VI-1, disposed of 6.20 crore shares.
Additionally, venture capital firm Ribbit Capital, using its two subsidiaries—Ribbit Capital V LP and Ribbit—offloaded more than 14.21 crore shares in the stock broking firm, as noted in NSE data. The shares were sold within a price range of ₹180.01 to ₹181.34 each, leading to a total transaction value of ₹5,325.77 crore.
At the end of the March quarter, Y Combinator, through its entities, held an 11.25 percent stake in Groww, while Peak XV Partners maintained 16.88 percent, and Ribbit Capital and its affiliates owned 12.36 percent of the company.
Details regarding the buyers of these shares have not been provided by the exchange. Following this transaction, the shares of Billionbrains Garage Ventures saw a decline of 4.98 percent, closing at ₹183.89 per share on the NSE.
In a separate report last month, Billionbrains Garage Ventures announced that its profit after tax more than doubled to ₹686 crore for the quarter ending March 2026, up from ₹309 crore in the same period the previous fiscal year. The company’s total income surged by 81 percent year-on-year to ₹1,536 crore compared to ₹850 crore in the January-March quarter of 2025.
The information was published on May 12, 2026.
