Stake saleFinancial Services
Peak XV and Y Combinator sell Groww shares
By Abha Lohia · Editor ·
Groww: revenue and funding and every story →
BengaluruFounded 2016
- Groww is an investing app, run by listed parent Billionbrains Garage Ventures, that serves retail investors
- On Friday Peak XV, Y Combinator and Goldman Sachs sold about 1.84% of the company, worth ₹2,457 crore, in open-market block deals
- Shares traded between ₹211 and ₹215 and closed about 3.8% lower; Y Combinator had also sold a stake in August
What happened
- Three early backers sold over 11.52 crore shares on Friday.
- Peak XV sold more than 6 crore shares; Y Combinator sold 5.50 crore.
- The sale totalled ₹2,456.87 crore at ₹211.09–215.20 per share.
- Goldman Sachs also bought about 3.55 crore shares worth over ₹764 crore.
Why it matters
- Early investors are cashing out after the listing.
- Shares closed down about 3.7–3.9%.
The business
- Groww offers stock, mutual fund and other investing services to retail users.
The founders
Who put in money
- Peak XV Partners seller
- Y Combinator seller
Words to know
- Block deal
- A large single trade of shares done on the exchange at an agreed price.
The numbers around it
Groww has 1 funding rounds in StopDown's archive.
| When | Round | Amount | Led by |
|---|---|---|---|
| 3 November 2025 | IPO anchor round | ₹2,984.5 crore | Undefined |
Financial Services in November 2026: 4 rounds with a disclosed amount, $166 million in all; the biggest was OnEMI (₹832 Cr). Every sector this year →
Terms in this story
- Accelerator: An accelerator is a short, intense programme that gives a startup a small investment, mentors and a network in exchange for equity. An incubator offers space, mentoring and services over a longer period, often at a university, and may or may not invest. In India, many are backed by DPIIT's Startup India Seed Fund Scheme.
- Block deal: A block deal is one large trade, agreed between big buyers and sellers, done in a special window on the stock exchange. A bulk deal is any day's trading in one company's shares that crosses a set share of its listed shares. Early investors often use both to sell after an IPO.
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Everything on Groww → · All startup news on 7 November 2026 →
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