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Groww promoters sell shares worth ₹250-260 cr, likely to fund startups: Report
short by Mini Tiwari / on Tuesday, 19 May, 2026
Stockbroker firm Groww's promoters sold shares worth ₹250-260 crore over the past few days and are likely to invest in startups and philanthropy from the proceeds, Moneycontrol reported. This represents a total 0.23% stake and marks the founders' first major liquidity event in nearly a decade. Promoters hold a 27.4% stake in Groww, the highest such holding in new-economy companies.
read more at Moneycontrol