US-based startup accelerator Y Combinator has sold shares worth ₹1,435.2 Cr in Groww parent Billionbrains Garage Ventures through a bulk deal, marking another partial exit from one of its most successful India bets.
According to BSE bulk deal data, Y Combinator, through its affiliate YC Holdings II LLC, sold 7.47 Cr shares of Groww at ₹192.16 apiece yesterday.
At a weighted average acquisition cost of ₹3.45 per share, the shares sold had cost Y Combinator about ₹25.77 Cr. The latest transaction, therefore, translated into a return multiple of nearly 55.7X.
Following the latest stake sale, Y Combinator has cumulatively realised around ₹4,132 Cr from its Groww investment.
This includes ₹1,054.8 Cr realised through the OFS component of Groww’s IPO in November 2025, when it sold 10.54 Cr shares, marking a 29X gain on its initial investment. It made another ₹1,642 Cr through block deals in May this year after the expiry of the IPO lock-in period.
Despite the latest sell-off, Y Combinator remains a significant shareholder in Groww, the second largest after VC firm Peak XV. At the end of June 2026, it held 61.48 Cr shares of Groww via two vehicles – YC Holdings II and YCCG21 L.P., translating into a 9.8% shareholding. With the latest sale, this has gone down to 8.6% held through 54.01 Cr shares.
The stake sale comes about three months after several early Groww investors partially exited the company following the expiry of the IPO lock-in period.
Source link







