India ·
Ribbit Capital sells a further 1.6% of Groww parent Billionbrains for ₹1,914cr, ~95% above the IPO price
Early VC backer Ribbit Capital moved to sell roughly 1.6% of Billionbrains Garage Ventures (Groww's parent) at a ₹195/share floor — about a 4% discount to the prior close but nearly double Groww's ₹100 November 2025 IPO price — part of a combined ₹2,500cr block-deal session on August 26 that knocked the stock down over 3%, and its second sell-down since an earlier ₹5,326cr trim alongside Peak XV and Y Combinator in May.
Source: Lapaas Voice ↗
Frequently asked questions
Is this an original report, or a copy of the source article?
This is original commentary and context written for this site, citing Lapaas Voice as the source. Read the full original reporting at the source link below.
How current is this information?
This item reflects reporting as of 26 August 2026. Secondary-market situations like this one can change quickly — check the source link for the latest developments.