Lenskart, Paytm, and Groww Lead Secondary Market Sell-Offs in India
What happened
Lenskart, Paytm, and Groww participated in leading sell-side transactions within the Indian secondary market. Between January 1 and September 18, 2026, 153 sell-side transactions in new-age companies totaled roughly Rs 67,170 crore. During the May through September period, these three companies accounted for over Rs 35,000 crore, representing about 53 percent of the total sell-side value for that period.
From moneycontrol.com
Why it matters
The activity shows a sharp acceleration in stake sales among large listed startups, with nearly 92 percent of the total sell-side value occurring between May and September. This concentration of sales among Lenskart, Groww, and Paytm indicates significant capital divestment within the Indian technology sector.
From moneycontrol.com
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- LenskartSpeculative
Lenskart might see reduced capital and market valuation due to direct secondary market sell-offs.
- PaytmSpeculative
Paytm might see reduced capital and market valuation due to direct secondary market sell-offs.
- GrowwSpeculative
Groww might see reduced capital and market valuation due to direct secondary market sell-offs.
Keep exploring
The entities involved
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Lenskart
Indian eyewear e-commerce company
Nothing else this week.
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Paytm
Indian e-commerce payment system and financial technology company
Nothing else this week.
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Groww
Indian fintech company