NEW DELHI: (Apr 28) Venture capital firm Peak XV Partners has fully exited from fintech firm One MobiKwik Systems through a block deal of over Rs 130 crore, sources aware of the development said.
According to sources, Peak XV was one of the early investors in the firm and exited at three times of its investment value.
“Peak XV Partners has sold around 61 lakh shares, about 7.7 per cent of the company share capital, at an average sale price of Rs 214 share apiece. The total deal size is close to Rs 130 crore. With this sale, Peak XV has completely exited from the firm,” a source said.
Source: PTI News
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