Peak XV offloads Rs 1,756 crore worth of Groww shares via bulk deal
Earlier in May, the venture capital firm sold 6.2 crore shares in a transaction valued at nearly Rs 1,116 crore.
Explore the latest news, in-depth reports, and executive analysis tagged with #Groww.
Earlier in May, the venture capital firm sold 6.2 crore shares in a transaction valued at nearly Rs 1,116 crore.
The latest sale marks Ribbit Capital’s second major share sale in Groww this year.
The transaction marks Y Combinator’s second significant share sale in Groww this year after the six-month lock-in period for investors ended following the startup's listing late last year.
Groww had acquired Fisdom in an all-cash transaction valued at around $150 million in October 2025, marking one of the largest consolidation moves in India’s wealthtech space
Total expenses of the company increased 25% to Rs 555.7 cr.ore during the quarter
New-age startup IPO class faces a reality check. Stocks have stumbled, yet early investors are cashing out.
Goldman Sachs Bank Europe SE purchased the entire stake in the transaction.
CEO Lalit Keshre sold shares worth Rs 18.6 crore, while Harsh Jain, Neeraj Singh, and Ishan Bansal also sold part of their holdings.
Ribbit Capital was among the major sellers, while Peak XV continues to remain one of Groww’s largest shareholders.
Total expenditure for the quarter grew 38% to Rs 599 crore in Q4 FY26, compared to Rs 435 crore in the corresponding period last year.
The development comes less than two years after securing a coveted payments licence, and barely two months after the company going public.
Globally, in terms of the funding amount, India secured the third spot after the US and the UK.
Groww Asset Management is also entering into a strategic relationship agreement with the buyer.
Its net profit increased 12% to Rs 471 crore in the quarter ended September from Rs 420 crore in the same quarter last year.
Today, we look at why India must urgently rewrite its copyright playbook in the age of OpenAI’s open seduction; and amid this two-week tech IPO carnival, who wins?
The stock of India's largest stock broking platform by number of users listed at Rs 114 per share on BSE and Rs 112 on the NSE.
Over the past three years, millions of young investors bought their first stock on Groww. Now, it's listing itself to the very users who made it India’s largest broker.
The anchor round saw participation from 17 domestic mutual funds, including HDFC, Kotak, SBI and Axis Bank.
August 29th Edition: We track Groww’s hush-hush IPO filing and why unicorns are choosing silence over spotlight; and how OpenAI’s India office could ignite a PE gold rush in AI.