India, April 28 -- Update | April 29, 11:00 IST
Peak XV offloaded 62.15 Lakh shares of MobiKwik at a price of Rs.214 apiece via a block deal yesterday, BSE data showed. With this, the investor completely exited the fintech company in a Rs.133 Cr deal.
The shares were bought by Viridian Asia Opportunities Master Fund, Elimath Advisors Private Limited and Societe Generale.
Original | April 28, 12:44 IST
VC firm Peak XV Partners has exited listed fintech major MobiKwik through a Rs.130 Cr (about $13.8 Mn) block deal, a day after the fintech company received NBFC licence from the central bank.
A report by Reuters, citing sources, said Peak XV sold 6.08 Mn shares at an average price of Rs.214 apiece. The shares we...
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