Urgent.News

One page, thousands of outlets. See who else covered it.

Editions

Business

Y Combinator Rakes In ₹1,435 Cr From Groww Stake Sale, Clocks 55.7X Return

US-based startup accelerator Y Combinator has sold shares worth ₹1,435.2 Cr in Groww parent Billionbrains Garage Ventures through a bulk…

Y Combinator Rakes In ₹1,435 Cr From Groww Stake Sale, Clocks 55.7X Return

Y Combinator has generated ₹1,435.2 Cr from its stake sale in Groww, achieving a remarkable 55.7X return on investment. This bulk deal saw Y Combinator sell 7.47 Cr shares of Groww at ₹192.16 per share, marking another partial exit from a successful India investment. Previously, the accelerator firm realized ₹1,054.8 Cr through Groww's IPO in November 2025, resulting in a 29X gain.

Additionally, it secured another ₹1,642 Cr via block deals in May after the IPO lock-in period. Despite this latest sale, Y Combinator still holds a 9.8% stake in Groww, down from 8.6% after the most recent transaction. The fintech company made its debut on the stock market in November 2025 and has since risen about 71% from its listing price, with shares trading at ₹194.75 on the BSE.

Written by urgent.news from Inc42's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at inc42.com →

More in Business

Why Guodong Group and other Chinese giants are rushing to invest in Kenya

From telecom towers and data centres to steel, agriculture, manufacturing and hospitality, a new wave of Chinese private capital is moving into Kenya.

  • Guodong Group explores digital economy investments in Kenya's telecom sector.
  • Kenya's Digital Superhighway aims to expand nationwide broadband coverage.
  • Seven Chinese companies signed $823M deals during President Ruto's 2025 visit.

More from Wednesday 19 August →