Ribbit Capital Sells Groww Shares Worth Rs.2,217 Cr
India, Aug. 26 -- Groww's early backer Ribbit Capital has offloaded a cumulative 11.31 Cr shares via two bulk deals today, as per NSE market data.
Ribbit Capital V sold 6.3 Cr shares at Rs.196 apiece while Ribbit Cayman GW Holdings V sold nearly 5 Cr shares at Rs.196.06 apiece. Both transactions were executed at a less than 0.1% discount to the stock's closing price as of today's trading session.
The total value of the deals minted Ribbit Capital around Rs.2,217.3 Cr, with the shares sold amounting to around 2% of the company's equity. The identities of the buyers couldn't be discerned as of now.
Ribbit Capital held around 10.1% stake or 63.35 Cr shares in Groww via the aforementioned two entities, as of June 30, 2026.
In a separate d...
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