Mumbai, April 28 -- Venture capital and growth investing firm Peak XV Partners has fully exited One MobiKwik Systems Ltd through an over Rs.130-crore block deal, selling its remaining stake shortly after the fintech secured the non-banking financial services (NBFC) licence.
The investor sold around 6.08 million shares, or about 7.7% of MobiKwik's equity, at an average price of Rs.214 apiece in a transaction executed at 9:15am on 28 April, according to two people aware of the matter.
Buyers included private equity firm Florintree, hedge fund Viridian Asset Management, alternative investment firm Dymon Asia Capital and equity investment management firm Karma Capital, the people said.
The Rs.130-crore deal delivered about 3x returns for P...
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