VC firm Peak XV Partners sold 9.17 crore shares of fintech company Groww in a bulk deal today, raising ₹1,756.2 crore. The shares were sold at ₹191.49 apiece, about 1% higher than Groww’s closing price, according to NSE data. This sale represents roughly 1.5% of Groww’s equity and about 9% of Peak XV’s total stake in the company, as of June 30, 2026, per inc42.com.
The transaction was executed via Peak XV Partners Investments VI-1, the firm’s holding entity. Peak XV remains Groww’s largest institutional shareholder with 98.4 crore shares, equivalent to a 15.7% stake. The identities of the buyers were not disclosed immediately. This bulk sale follows a series of recent stake offloads by major investors, including Ribbit Capital, Y Combinator, and Friale, who collectively sold shares worth several thousand crores in recent months, inc42.com reported.
Groww’s stock has gained nearly 35% year-to-date, reflecting strong investor returns. Peak XV had previously sold 15.82 crore shares during Groww’s IPO offer for sale, securing a 52-fold return on its investment. The recent bulk deals by multiple investors indicate a trend of partial exits amid the company’s robust market performance. Ribbit Capital and Y Combinator’s recent offloads totaled over ₹3,600 crore in value, highlighting significant liquidity events in the fintech sector, according to inc42.com.
Groww’s stock performance and investor activity underscore its prominence in the fintech space. Peak XV’s partial exit today adds to the ongoing reshaping of its shareholding. The company’s stock price and trading volumes will be closely watched in the coming sessions, with the latest bulk deal marking one of the largest single-day share sales by an institutional investor in Groww this year, inc42.com.