Ribbit Capital Offloads Rs 2,217 Cr Stake in Groww

27 Aug 2026, 9:52 am · 16d ago · 1 min read · Entrackr

Amount

Rs 2,217 Cr

Stage

Secondary

US-based venture capital firm Ribbit Capital has sold shares worth Rs 2,217 crore in Groww parent company Billionbrains Garage Ventures via bulk deals. Ribbit Capital V LP and Ribbit Cayman GW Holdings V sold a combined 11.31 crore shares at roughly Rs 196 each. Groww's stock fell over 3% following the transaction. This marks Ribbit's second major sell-down this year alongside previous exits by Y Combinator and Peak XV. Despite institutional stake reductions, Groww posted Rs 1,501 crore revenue and Rs 735 crore profit in Q1 FY27.