Peak XV Partners sells 1.5 pc stake in MobiKwik for Rs 82 cr
Thu, Dec 26, 2024 9:33 PM

Peak XV Partners sells 1.5 pc stake in MobiKwik for Rs 82 cr

A Flip by Shubhangi Gupta
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Peak XV Partners on Thursday divested 1.5% stake in fintech company One MobiKwik Systems for Rs 82 crore through an open market transaction. Peak XV Partners (formerly Sequoia India & Southeast Asia) through its arm- Peak XV Partners Investment Holdings III -- offloaded 12.01 lakh shares, or 1.55%, stake in One MobiKwik Systems through a bulk deal on the National Stock Exchange (NSE).

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