US-based startup accelerator Y Combinator has once again reduced its stake in Groww, selling nearly 1.2% of the fintech company’s parent, Billionbrains Garage Ventures, for Rs 1,435 crore through an open-market transaction. The latest stake sale marks the accelerator’s second major exit from Groww this year, even as the fintech continues to report strong growth in revenue and profitability.
According to BSE bulk deal data, Y Combinator, through its affiliate YC Holdings II LLC, sold 7.47 crore shares at an average price of Rs 192.16 per share. The buyers involved in the transaction were not disclosed in the exchange data.
Following the transaction, YC Holdings II’s stake in Groww declined to 7.44% from 8.63%, representing a reduction of around 1.2 percentage points.
Y Combinator makes second major stake sale
The latest transaction comes just months after Y Combinator sold another portion of its Groww holding.
In May 2026, the accelerator offloaded a 1.45% stake for Rs 1,642 crore through an open market transaction. At the time, Y Combinator was among a group of early Groww investors, including Peak XV Partners and Ribbit Capital, that collectively sold around 4.7% of their holdings for Rs 5,352 crore.
The repeated stake sales indicate that early investors are continuing to monetise their holdings following Groww’s transition into the public markets. Despite the latest transactions, Y Combinator remains a significant shareholder in the fintech company, with a 7.44% stake.
Y Combinator was one of the early institutional backers of Groww and has benefited considerably from the company’s rapid expansion in India’s retail investing and financial services market.
Groww reports strong Q1 FY27 performance
The stake sale comes at a time when Groww is reporting strong financial growth.
The Bengaluru based fintech posted a 94% year-on-year increase in net profit to Rs 735 crore in Q1 FY27, compared with Rs 378 crore in the same quarter of the previous financial year.
Its consolidated revenue from operations also grew sharply during the quarter. Revenue increased 66% year-on-year to Rs 1,501 crore, compared with Rs 904 crore in Q1 FY26.
The strong improvement in both revenue and profitability highlights the continued expansion of Groww’s business as it builds its presence across India’s digital financial services ecosystem.
Groww continues to attract investor attention
Groww has emerged as one of India’s largest consumer-focused fintech platforms, particularly among retail investors. Its platform offers investment and financial products through a digital-first model, helping it build a large user base across the country.
The company’s public market performance has also provided early investors with an opportunity to unlock significant value. The latest Y Combinator transaction adds to a series of secondary share sales by existing investors as institutional shareholders look to realise returns from their holdings.
At the same time, the continued presence of Y Combinator as a substantial shareholder indicates that the accelerator still retains meaningful exposure to Groww’s future performance.
Groww shares trade near Rs 195
Following the latest transaction, Groww shares were trading at Rs 194.80 apiece as of 9:42 AM, giving the company a total market capitalisation of around Rs 1,22,209 crore.
The latest stake sale therefore comes against a backdrop of strong financial performance and continued investor interest in the fintech company.
For Y Combinator, the transaction represents another significant monetisation event from one of its successful Indian investments. For Groww, the sale also reflects the gradual reshuffling of its shareholder base as early investors realise gains while the company continues to scale its financial performance.
With YC Holdings II still holding 7.44%, Y Combinator remains an important shareholder even after selling nearly 2.7% of its stake through two major transactions this year.
