# Ribbit Capital sells Groww shares worth Rs 2,217 crore 2026-08-26T22:11:39+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Ribbit Capital has sold a cumulative 11.31 crore shares of Groww in two bulk deals on the NSE, earning around Rs 2,217.3 crore. The US-based fintech investor sold 6.3 crore shares at Rs 196 apiece and nearly 5 crore shares at Rs 196.06 apiece, both at a discount of less than 0.1% to the stock's closing price. The sold shares amount to around 2% of Groww's equity. This is the latest in a series of bulk transactions in Groww stock. Last week, Y Combinator sold 7.47 crore shares for Rs 1,435.2 crore. In May, Ribbit had offloaded 14.2 crore shares worth Rs 2,567.1 crore after the IPO lock-in period ended. Groww's stock ended Tuesday's session 3.3% lower at Rs 196.24 on the NSE. ## Indian Opinion Analysis Ribbit's latest sale, its second major tranche since the lock-in expiry, takes its total exit from Groww in 2026 well past Rs 4,700 crore. The consistent selling by early backers points to a typical post-IPO profit booking cycle, not distress, especially as Groww reported a 94% jump in net profit to Rs 735 crore in Q1 FY27. The key figure to watch is the shareholding pattern in the December quarter filing, which will show if mutual funds and retail investors are absorbing this supply or if the stock faces sustained pressure. The buyers in Tuesday's deals are not yet known, but the narrow discount suggests institutional demand remains strong. The real test is whether the stock can hold above its issue price of Rs 194 in the coming weeks as more early investors may look to trim stakes. ## Coverage - inc42.com Straight business reporting on a block deal, no slant or framing This brief was synthesised by AI from the source linked above. Tags: Groww, NSE, Ribbit Capital, Y Combinator Canonical: https://indianopinion.org/ribbit-capital-sells-groww-shares-worth-rs-2217-crore/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/ribbit-capital-sells-groww-shares-worth-rs-2217-crore/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/