Get ready for some exciting news from the startup world! Bengaluru-based Groww has just had a smashing IPO debut, and it’s a big win for Silicon Valley’s famous early investor, Y Combinator (YC). This is YC’s first major exit through Indian stock markets, making a lot of buzz. According to Groww’s prospectus, YC held around 12% of Groww before the IPO. During the sale, YC sold 2.01% or 105 million shares. And guess what? The issue was oversubscribed, which means super popular! YC is estimated to have pocketed a whopping Rs 1,056 crore from this sale. Groww’s IPO raised a huge Rs 6,600 crore at a share price between Rs 95 to Rs 100, valuing the company sky-high at Rs 82,540 crore. Other major investors like Peak XV Partners, Ribbit Capital, and Tiger Global also cut down some of their stakes. Now, YC still owns 10.3% of Groww. Peak XV, the biggest shareholder, has 17.2%, worth Rs 12,975 crore right now. Ribbit keeps 7.26%, and Tiger Global is left with 5.2% after selling some shares. Don’t forget Groww’s four cofounders—Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh—they together hold 26.2%, valued around Rs 20,000 crore today! But wait, there’s more startup fireworks! Meesho, another popular YC-backed company from 2016, has filed IPO papers with SEBI. They plan to raise Rs 5,500 to Rs 6,600 crore. YC will sell some shares here too—they own about 1.22%. The final share price is yet to come. And the startup IPO parade continues with Razorpay, a digital payments company from Bengaluru and a part of YC’s 2015 batch. Razorpay got board approval for an IPO this year. It’s valued at $9.2 billion, and YC holds 3.7%. Y Combinator’s early India bets are turning into multi-bagger hits! However, YC has slowed down on new investments here after peaking at 66 Indian startups in 2021. It dipped to just 4 in 2024. When OpenAI’s Sam Altman was president (2014-19), YC really turned up the India heat with Meesho, Groww, Razorpay, and more. Also zooming towards IPOs is quick delivery star Zepto, part of YC's 2021 gang. Zepto aims to raise Rs 4,000-4,440 crore fresh capital. YC holds 7% in it. Recently, Zepto closed a giant $450 million round led by US pension fund Calpers and is now valued at $7 billion. So, the stage is set for a big IPO party in India’s startup world, with YC cashing in big and promising more fireworks ahead!