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Groww shares surge 6% after US funds sell stake worth 5326 crore in bulk deals

Business
Published on 13 May 2026
Groww shares surge 6% after US funds sell stake worth 5326 crore in bulk deals

Bulk sale at a discount barely shook the stock

Groww platform owner Billionbrains Garage Ventures rebounded on Wednesday, jumping about 6% after a large US investor-led stake sale the previous day. Peak XV Partners, Ribbit Capital and YC Holdings offloaded over 29.5 crore shares worth Rs 5,326 crore via bulk deals at Rs 180.43, roughly 1.5% below the prior close. Traders now watch what comes next for sentiment and liquidity.

  • Billionbrains Garage Ventures shares gained around 6% after the selloff
  • Peak XV Partners, Ribbit Capital and YC Holdings sold stake worth Rs 5,326 crore
  • Over 29.5 crore shares were sold via bulk deals at Rs 180.43, a 1.5% discount
  • Market focus shifts to whether selling pressure continues or fades
Read the full story at The Economic Times

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

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