Former Peak XV’s Ashish Agrawal exits Groww board, to launch VC firm
Ashish Agrawal, former Peak XV partner and Groww board member, has resigned from Groww's board to launch his own VC firm. Agrawal was instrumental in Groww's early funding rounds and has been associated with the company since its early days.
Ashish Agrawal, a former Peak XV partner and early backer of Groww, has resigned from the fintech company's board, effective April 20, 2026. He has also stepped down from various board committees. Agrawal led Peak XV's Series A investment in Groww and played a key role in its early funding rounds. Peak XV held around 17% stake in Groww at the time of its public listing. Agrawal is now set to launch his own venture capital firm, marking a shift from backing startups as an investor within a large fund to building his own investment platform. Groww reported a 122% YoY rise in consolidated net profit for Q4 FY26, with profit surging to Rs 686 crore. The company's total income rose 80.73% YoY to Rs 1,536 crore.
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