Peak XV Companions has offered shares value about Rs 1,756 crore in Bengaluru-based Billionbrains Storage Ventures, the father or mother firm of investment platform Groww, because the venture capital agency continues to scale back its holding.
Peak XV Companions Investments VI-1 offered 9.17 crore shares at a mean value of Rs 191.49 apiece via a bulk deal on the NSE on Wednesday. The transaction was valued at about Rs 1,756.23 crore.
Groww’s official shareholding sample confirmed that Peak XV Companions Investments VI-1 held 98.40 crore shares, or 15.68% of the corporate, on the finish of June 2026.
Primarily based on that holding, Wednesday’s sale will depart the investor with about 89.23 crore shares. On the premise of Groww’s June-end share capital, it will scale back its stake to about 14.2%.
Peak XV has been lowering its holding
The transaction follows one other giant share sale by Peak XV earlier this yr.
On 12 Might, Peak XV Partners Investments VI-1 offered 6.20 crore Groww shares at a mean value of Rs 180.01 apiece, in a transaction value about Rs 1,116 crore.
Peak XV had additionally monetised a part of its funding via Groww’s IPO in November 2025, promoting about 15.83 crore shares on the IPO value of Rs 100 apiece. That sale was value about Rs 1,583 crore.
The newest transaction means Peak XV continues to carry a considerable stake in Groww fairly than making a whole exit.
Y Combinator and Ribbit Capital additionally pare Groww stakes
Different early Groww investors have additionally offered shares in current months.
On 18 August, Y Combinator, via YC Holdings II, offered about 7.47 crore shares at a mean value of Rs 192.16 every. The transaction was value about Rs 1,435 crore.
Ribbit Capital adopted on 26 August via two entities. Ribbit Capital V offered about 6.32 crore shares at Rs 196 apiece, whereas Ribbit Cayman GW Holdings V offered about 4.99 crore shares at a mean value of Rs 196.06.
The 2 Ribbit transactions had been value about Rs 2,217 crore mixed.
Collectively, Y Combinator and Ribbit Capital offered Groww shares value greater than Rs 3,650 crore in August. Together with Peak XV’s newest transaction, the three buyers have offered shares value greater than Rs 5,400 crore since August.
The buyers had additionally pared their holdings in Might. Peak XV, Y Combinator and two Ribbit Capital entities collectively offered about 29.52 crore shares via bulk offers on 12 Might, with a mixed transaction worth of about Rs 5,326 crore.
Groww listed in November 2025
Billionbrains Storage Ventures went public in November 2025 via an IPO value about Rs 6,632 crore.
The providing comprised a recent challenge of Rs 1,060 crore and a proposal on the market of about Rs 5,572 crore by present shareholders. The shares had been priced at Rs 100 apiece.
Groww provides monetary merchandise together with shares, mutual funds, derivatives and credit score merchandise.
Revenue rises 94% in June quarter
On the monetary entrance, Billionbrains Storage Ventures reported consolidated income from operations of Rs 1,501.42 crore for the quarter ended 30 June 2026, up 66.01% from Rs 904.40 crore in the identical interval a yr earlier.
Consolidated PAT rose 94.28% year-on-year to Rs 735.04 crore from Rs 378.35 crore.
Peak XV’s newest share sale due to this fact represents an additional discount in its Groww funding, whereas leaving it with an estimated 89.23 crore shares primarily based on its disclosed June-end holding.