Altimeter Capital Partially Exits Pine Labs Via ₹211 Cr Block Deal

by · Inc42

SUMMARY

  • As per BSE data, the VC firm, via its holding entity Altimeter Growth Partners Fun III LP, sold the shares at ₹135.21 apiece
  • The shares were lapped up by SBI Mutual Fund and Nippon India Mutual Fund
  • On May 22, Pine Labs' early backer Madison India Capital offloaded 2.48 Cr shares in a block deal worth ₹356.86 Cr