Groww delivered returns of 52-94 times for early investors — including Peak XV Partners, Ribbit Capital and Y Combinator — as they sold part of their holdings in India’s largest stockbroking platform through block deals on Tuesday, after the IPO lock-in period expired.Peak XV’s nearly 94-times return ranks among the best venture capital outcomes in India.Peak XV (formerly Sequoia Capital India), Micky Malka’s Ribbit Capital and famed Silicon Valley startup accelerator Y Combinator offloaded 295.2 million shares, or a 4.7% stake, in the fintech company. The shares were sold at Rs 180-181 apiece, taking the combined transaction size to around Rs 5,325 crore.According to people briefed on the development, more than 60 global and domestic investors bought Groww shares through the block deals. They included HDFC Life, ICICI Prudential Life, BlackRock, Mirae Asset, Think Investments, Abu Dhabi Investment Authority (ADIA), Norway’s sovereign wealth fund and mutual funds such as JM Financial, Axis MF and HSBC MF.On Tuesday, Groww’s stock closed 5.5% lower at Rs 183.10 on the BSE. The company went public in November at Rs 100 per share and currently commands a market capitalisation of Rs 1.15 lakh crore.The latest sale adds to the bumper returns these investment firms generated last year, when they had partially exited their holdings during Groww’s IPO.Peak XV Partners, which sold shares worth Rs 1,582 crore during the IPO, has now netted another Rs 1,116 crore and still holds shares valued at more than Rs 18,000 crore. The firm had invested Rs 200-250 crore in Groww and did not sell any shares before the IPO.ETtech