Peak XV Partners sells 1.46% stake in Groww for ₹1,756 crore

Peak XV Partners has sold a 1.46 per cent stake in Groww’s parent company, Billionbrains Garage Ventures, through a bulk deal on the National Stock Exchange (NSE). The transaction involved the sale of approximately 9.17 crore shares at an average price of ₹191.49 per share, totaling ₹1,756.23 crore.

Following the sale, Peak XV Partners’ stake in the Bengaluru-based trading platform has decreased from 15.68 per cent to 14.22 per cent. Despite the reduction, the venture capital firm remains the largest institutional shareholder in the company. The identities of the buyers were not immediately disclosed in NSE data.

This divestment follows a trend of major investors offloading stakes in the fintech firm throughout the year. Previous sellers include Y Combinator, Ribbit Capital, and Friale. The stake sale occurs amid strong financial performance for Groww, which reported a 94 per cent rise in consolidated net profit for the June 2026 quarter.