Peak XV Exits India's One MobiKwik in $13.8 Million Block Deal ...

Peak XV exits India's One MobiKwik in $13.8 million block deal ...

MobiKwik Share Price in Spotlight as Peak XV Partners Exits via ₹130 Crore Block Deal

MobiKwik Share Price in Spotlight as Peak XV Partners Exits via ₹130 Crore Block Deal

Peak XV Sells MobiKwik Stake in INR 130 Cr Deal

The listed fintech giant MobiKwik has been sold by venture capital firm Peak XV Partners in a block deal worth INR 130 Cr, or around $13.8 Mn. This happened the day after the fintech firm got its NBFC licence from the government. The average price per share for the 6.08 million shares sold by Peak XV was INR 214.Viridian Asset Management, Florintree Advisors, Dymon Asia, and Karma Capital were the ones who snatched up the shares. Be that as it m…

Peak XV Partners exits MobiKwik with ₹130-Cr block deal, earns 3x returns | Business Review Live | Business News, Reviews | Entrepreneur Stories, Interviews

Venture capital firm Peak XV Partners has fully exited fintech firm One MobiKwik Systems through a block deal worth over ₹130 crore, according to sources familiar with the development. Notably, Peak XV, which backed the company as an early investor, achieved approximately three times return on its investment, highlighting a successful exit in India’s fintech ecosystem. “Peak XV Partners has sold around 61 lakh shares, about 7.7% of the company s…

Peak XV Partners Exits MobiKwik in ₹1.3 Billion Block Deal

News. Peak XV Partners Exits MobiKwik in ₹1.3 Billion Block Deal

Peak XV Exits MobiKwik With ₹130 Cr Block Deal: Report

VC firm Peak XV Partners has exited listed fintech major MobiKwik through a ₹130 Cr (about $13.8 Mn) block deal