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The Economic Times
The Economic Times
Business
Kumar Gaurav

Block deal ahead! Ribbit Capital likely to offload 1.6% stake in Groww for Rs 1,914 crore

Groww Ribbit Capital Ribbit NSE

Billionbrains Garage Ventures (Groww) is likely to see a large block deal on Wednesday, August 26, with existing investor Ribbit Capital likely to sell around a 1.6% stake in the online investment platform, according to media reports.

Shares of Groww ended Tuesday's session 3.33% higher at Rs 203.01, compared with the previous close of Rs 196.47. The stock traded in a range of Rs 196.11-Rs 205.21 during the day.

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