Peak XV Partners Sells Groww Shares Worth ₹1,756.2 Cr
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VC firm Peak XV Partners has sold 9.17 Cr shares of fintech major Groww in a bulk deal today.
As per NSE data, the firm, via its holding entity Peak XV Partners Investments VI-1, sold the shares at a price of ₹191.49 apiece, 1% higher than Groww’s closing price today. The investor raked in ₹1,756.2 Cr via the transaction, with the shares sold amounting to around almost 1.5% of the company’s equity.
The identities of the buyers couldn’t be immediately ascertained.
Peak XV is Groww’s largest institutional shareholder, with the firm owning around 98.4 Cr shares in Groww, equivalent to 15.7% stake, as of June 30, 2026. Hence, the investor has offloaded only about 9% of its shareholding in the company.
Notably, the listed fintech startup has seen several major investors offloading stake in bulk over the past few months.
Earlier, Ribbit Capital offloaded 11.31 Cr shares worth ₹2,217.3 Cr via two bulk deals. Y Combinator also sold 7.47 Cr shares worth ₹1,435.2 Cr through a bulk deal last month. Additionally, US-based early stage investor Friale dumped 1.13 Cr shares in a block deal worth ₹210.4 Cr back in June.
Notably, Peak XV had earlier offloaded 15.82 Cr shares as part of the offer for sale (OFS) component of Groww’s IPO, securing a 52X return on its investment.
The investor is cashing in at a time when Groww has been delivering strong returns to investors. Its stock has surged nearly 35% on a year-to-date basis.
The strong stock performance is in line with the company’s financial health. On the financial front, Groww’s consolidated net profit zoomed 94.3% to ₹735 Cr in Q1 FY27. The startup’s revenue from operations also jumped 66% to ₹1,501.4 Cr during the quarter.
However, the last few weeks have seen up and down swings in the stock price amid multiple bulk/block deals. Groww shares slid nearly 4% on the NSE today, ending the day 3.89% lower at ₹189.76.
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