Peak XV, Y Combinator, Ribbit Capital sell $498 million Groww stake
NewsBytes | May 11, 2026 11:39 PM CST
May 12 frees 400cr pre-IPO shares
The timing lines up with the lock-in period ending for about 400 crore pre-IPO shares on May 12, unlocking 65% of Groww's early investor holdings.
Investment banks Kotak Mahindra Capital and J.P. Morgan are helping out with this deal, which could shake up Groww's stock performance and how investors feel about the company going forward.
READ NEXT
-
'Sheikh Mohamed had coffee at my house': How UAE President stays close to people

-
JoSAA Counselling 2026: How to Secure a Top NIT Even with a Low Rank? Simply Master This '50% Formula'..

-
NCW report alleges toxic culture and POSH failures at TCS Nashik unit

-
Priyanka Chopra's daughter Malti Marie guesses her 'mom's favourites' perfectly at four

-
New AI Tool Arrives on WhatsApp Business: Create Product Descriptions and Images in Minutes—Here's How to Use It..
