A consortium of investors, including Peak XV Partners and Sequoia Capital, is set to sell a portion of their stakes in Groww, a digital brokerage, in a significant ₹4,750 crore (approximately $570 million USD) block deal. The sale involves approximately 4.3% of the company's equity, equating to 268.4 million shares, with the deal expected to be executed at a floor price of ₹177 per share, reflecting an 8.5% discount from the last closing price of ₹193.52. The transaction is facilitated by Kotak Securities and JP Morgan India and comes as the six-month lock-in period for early investors post-IPO expires, allowing about 4.18 billion shares (nearly 68% of Groww's outstanding equity) to become eligible for trading. This move indicates a strategic exit for early investors as they capitalize on their holdings following the lock-in period.