Groww shares jump 6% even as Peak XV, two other US investors sell stake worth Rs 5,326 crore. What lies ahead?
By TodayTelugu Desk1 min read3 views
Billionbrains Garage Ventures shares rebounded on Wednesday, recovering Tuesday’s losses triggered by a Rs 5,326 crore stake sale by Peak XV Partners, Ribbit Capital, and YC Holdings. The investors sold over 29.5 crore shares via bulk deals at an average price of Rs 180.43 apiece, a 1.5% discount to the previous closing price.
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