Groww IPO lock in ends and early backers cash out turning Peak XV YC Ribbit into multi baggers

Published on 12 May 2026

Millions of shares changed hands right after the lock in

Groww’s early investors have begun selling shares immediately after the IPO lock-in period expired, triggering blockbuster gains for backers including Peak XV, Ribbit Capital, and Y Combinator. A sizable block deal saw millions of shares trade, reflecting how the fintech’s post-listing surge has rewarded first movers as lockups lifted.

Groww early investors sold shares once the IPO lock-in expired
Backers like Peak XV Ribbit Capital and Y Combinator saw major returns
The exit happened through a large block deal involving millions of shares
Groww shares have climbed sharply since listing

#block deal #stock market #ipo lock-in #groww #venture capital

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Groww IPO lock in ends and early backers cash out turning Peak XV YC Ribbit into multi baggers

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