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Y Combinator sells ₹1,435 crore stake in Groww, gains 55.7X return

Y Combinator sold shares worth ₹1,435.2 crore in Groww parent Billionbrains Garage Ventures through a bulk deal, marking another partial exit from its India investment.

Y Combinator sold shares worth ₹1,435.2 crore in Groww parent Billionbrains Garage Ventures through a bulk deal, marking another partial exit from its India investment. The transaction involved selling 7.47 crore shares at ₹192.16 apiece, generating a return multiple of nearly 55.7X on the initial acquisition cost of ₹3.45 per share, according to inc42.com.

The shares sold had cost Y Combinator about ₹25.77 crore initially. This latest sale adds to the cumulative ₹4,132 crore Y Combinator has realized from Groww, including ₹1,054.8 crore from the offer-for-sale component of Groww’s IPO in November 2025 and ₹1,642 crore from block deals in May 2026 after the IPO lock-in period expired. Despite the sale, Y Combinator remains the second-largest shareholder in Groww with an 8.6% stake, down from 9.8% at the end of June 2026, holding 54.01 crore shares via two vehicles, YC Holdings II and YCCG21 L.P., inc42.com reported.

Groww is among Y Combinator’s most successful India bets, with the startup’s IPO and subsequent block deals providing significant returns. The partial exits by early investors such as Y Combinator and others, including Peak XV Partners and Ribbit Capital, came after the expiry of the IPO lock-in period, reflecting growing liquidity in the Indian startup ecosystem. Y Combinator’s ability to realize over ₹4,000 crore from this investment underscores the scale of returns possible in India’s fintech sector, according to inc42.com.

The bulk deal took place yesterday, with Y Combinator selling 7.47 crore shares at ₹192.16 each. At the end of June 2026, Y Combinator held 61.48 crore shares, which has now reduced to 54.01 crore shares, representing an 8.6% stake in Groww, as per the BSE bulk deal data cited by inc42.com.

Editorial standards. Reported and edited at Startupniti's news desk from the sources listed in the right rail. Every fact traces to a citation. If something looks wrong, write to corrections.
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