Groww parent falls 3% as 10 crore shares change hands

Billionbrains Garage Ventures, the parent company of Groww, fell 2.6% after 10.07 crore shares, or 1.6% of its equity, changed hands in a block deal. Reports said Peak XV Partners and Sequoia Capital were looking to sell their stakes at a floor price of ₹191.45 per share. The transaction comes amid Groww’s strong profit growth.