Stake sale

Peak XV sells ₹1,756 crore worth of Groww shares

By Startup Enthusiast · 17 September 2026

What they do

Peak XV Partners sold 9.17 crore Groww shares at ₹191.49 each via a bulk deal on 17 Sep 2026

Peak XV earlier sold 6.20 crore Groww shares at ₹180.01 each on 12 May 2026

Peak XV sold about 15.83 crore shares at ₹100 each in Groww's IPO in Nov 2025

Peak XV Partners sold 9.17 crore shares of Groww at ₹191.49 each on 17 Sep 2026.
The transaction was a bulk deal on the NSE worth ₹1,756.23 crore.
After this sale, Peak XV holds about 89.23 crore shares, roughly 14.2% of Groww.
Earlier, on 12 May 2026, Peak XV sold 6.20 crore shares at ₹180.01 each, worth about ₹1,116 crore.
In Nov 2025, Peak XV sold about 15.83 crore shares at ₹100 each in Groww's IPO, worth about ₹1,583 crore.
Other investors also sold large blocks: Y Combinator sold 7.47 crore shares at ₹192.16 each on 18 Aug 2026 (₹1,435 crore).
Ribbit Capital entities sold about 11.31 crore shares on 26 Aug 2026 at ~₹196 each, worth about ₹2,217 crore.
In total, Peak XV, Y Combinator, and Ribbit sold about 29.52 crore shares on 12 May 2026, worth about ₹5,326 crore.

Peak XV is gradually reducing its stake in Groww after the company's IPO in Nov 2025.
The sales come as Groww's stock price has risen from the IPO price of ₹100 to over ₹191.
Other early backers like Y Combinator and Ribbit Capital have also been selling shares in 2026.
The combined sales by these investors in 2026 total over ₹8,900 crore.

Groww is an online investing platform in India.
It offers stocks, ETFs, IPOs, F&O (futures and options), commodities, mutual funds, bonds, and credit products.
Credit products include loan against securities and personal loans.
Groww claims to be India's #1 investing platform with 2 crore+ active investors.
In Q1 FY27 (Jun 2026), Groww reported revenue of ₹1,501.42 crore (up 66% YoY) and PAT of ₹735.04 crore (up 94% YoY).

Peak XV Partners (seller) — Venture capital firm, previously known as Sequoia Capital India.