Shares of Zinka Logistics Solutions climbed as much as 3.1% on Wednesday to Rs 457.15 on the BSE after several investors, including Quick Routes International, Accel and Peak XV Partners, offloaded significant stakes in the logistics unicorn through open market transactions. Quick Routes International, a key early backer of Zinka Logistics, exited the company on … Read more
Peak XV Partners, formerly Sequoia Capital India and SEA, on Friday, divested a little over 22 per cent stake in Indigo Paints to investors like Morgan Stanley, Mercer and HDFC MF for Rs 1,557 crore via open market transactions. Venture capital firm Peak XV Partners through its two affiliates, Peak XV Partners Investments IV and … Read more
Even amid general elections, the primary market continues to remain vibrant with the public offer of Awfis Space Solutions set to open next week. Apart from the sole mainboard IPO, one other SME issue of GSM Foils will be launched on May 24. Apart from the new issues, D-Street will see as many as 8 … Read more
MUMBAI – Three global funds namely Peak XV Partners (formerly Sequoia Capital), TPG Asia and Matrix Partners have sold partial stakes in Five-Star Business Finance, aggregating up to Rs 1,656 crore through bulk deals on Friday. TPG Capital, through one of its affiliates TPG Asia Vii Sf Pte, sold 89,07,493 shares of Five-Star Business or … Read more