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Groww Backers Offload 4.7% Stake Worth Over Rs 5,300 Crore Through Block Deals

Groww’s early investors, including Peak XV Partners, Ribbit Capital and Y Combinator, have sold a combined 4.71% stake in Billionbrains Garage Ventures for over Rs 5,300 crore through block deals. The stake sale came after the pre IPO lock in expiry, even as Groww reported strong Q4 FY26 growth in profit, revenue and active users.

BrandBeats Desk by BrandBeats Desk
May 15, 2026
in Business
Reading Time: 2 mins read
Groww Backers Offload 4.7% Stake Worth Over Rs 5,300 Crore Through Block Deals
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Early investors in Groww parent Billionbrains Garage Ventures have sold a combined 4.71% stake in the company through block deals worth more than Rs 5,300 crore, according to exchange data. The stake sale was carried out by Peak XV Partners, Ribbit Capital and Y Combinator through open market transactions. 

A total of 29.52 crore shares changed hands during the transactions at prices ranging between Rs 180.01 and Rs 181.34 per share, taking the combined deal value to around Rs 5,325 crore to Rs 5,352 crore, according to multiple reports. 

Among the sellers, Y Combinator, through YC Holdings II LLC, sold over 9.10 crore shares representing a 1.45% stake in the company. Peak XV Partners, through Peak XV Partners Investments VI-1, divested around 6.20 crore shares, while Ribbit Capital sold more than 14.21 crore shares through its affiliated entities. 

The transactions came shortly after the expiry of the lock in period for pre IPO investors. Despite the large-scale stake sale, Peak XV continues to remain one of Groww’s largest shareholders following the partial exit. 

Shares of Billionbrains Garage Ventures fell nearly 5% during trading sessions amid the block deal activity, closing at Rs 183.89 on the NSE on the day of the transaction. However, reports later indicated that the stock recovered in subsequent sessions, with investors continuing to monitor the company’s growth trajectory and profitability. 

The development comes after Groww reported strong quarterly earnings for Q4 FY26. The company posted a 122% year on year increase in consolidated profit after tax to Rs 686 crore, compared to Rs 309 crore in the corresponding period last year. Revenue from operations rose nearly 88% to Rs 1,505 crore, while EBITDA increased 141.7% to Rs 939 crore during the quarter.

Groww also reported continued expansion in its retail investor base. According to company disclosures and NSE data, the platform’s active users grew 19.9% year on year in Q4 FY26, with the company holding around 28.48% market share and nearly 1.3 crore active users as of April 2026, making it India’s largest stock broking platform by active clients.

Tags: Billionbrains Garage VenturesGroww

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