Y Combinator sells 1.2% Groww stake for Rs 1,435 crore

US startup accelerator Y Combinator has sold another 1.19% stake in Groww parent Billionbrains Garage Ventures for Rs 1,435 crore, according to Bombay Stock Exchange bulk-deal data. The sale of 7.47 crore shares at an average Rs 192.16 apiece was done at a 3.3% discount to Groww's previous closing price. The Times of India reports that the sale reduces YC Holdings II's stake from 8.63% to about 7.44%, and marks the second major post-listing stake sale since May, when it sold a 1.45% stake for Rs 1,642 crore.

Inc42 reports the transaction clocked a 55.7X return on Y Combinator's acquisition cost of Rs 25.77 crore. The outlet adds that Y Combinator has cumulatively realised about Rs 4,132 crore from its Groww investment, including Rs 1,054.8 crore from the IPO's offer-for-sale in November 2025. Both sources agree Groww shares are trading at nearly double their IPO price of Rs 100. The Times of India puts Groww's market capitalisation at about Rs 1.22 lakh crore at Tuesday's close.

Following the sale, Y Combinator still holds about 8.6% of Groww through its vehicles, remaining the second largest shareholder after Peak XV. Groww reported a 94.3% YoY jump in Q1 FY27 net profit to Rs 735 crore, per Inc42. The next major exit event to watch is any further sell-down by early investors after the remaining lock-in periods expire.