Groww shares in focus as Peak XV, Sequoia Capital, others set to offload stake worth Rs 4,750 crore

Existing investors in Billionbrains Garage Ventures, parent of Groww, plan to sell shares worth Rs 4,750 crore through secondary market transactions. The deal, involving Peak XV, Ribbit and Sequoia-backed entities, is priced at an 8.5% discount to the prevailing market price and may keep the stock in focus during Tuesday’s trading session.