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The shares were acquired by a mix of domestic mutual funds, insurance firms and global institutional investors.
The stake sale attracted participation from several domestic and international institutional investors, with Axis Mutual Fund and Fidelity among the key buyers.
The fund will primarily target seed and Series A startups, with a focus on companies building practical AI-powered applications for consumers and enterprises.
Goldman Sachs, Societe Generale, and Citigroup Global Markets were major participants in the block deal, collectively acquiring a 1.34% stake in Paytm.
Existing investors Peak XV Partners and Z47 participated in the funding round.
Elevation Capital and Accel India participated in the investment round.
These reports are the most comprehensive, portfolio-first examination of fintech and financial services playbook of Peak XV, Elevation and Accel to date.
The transaction is expected to be structured as a mix of cash and equity, placing Infinyte Club's valuation somewhere between $13 million and $15 million.
The startup is building an AI-native mobility infrastructure designed to eliminate friction in cross-border travel.
Portkey will use the funds to launch go-to-market initiatives, build the governance layer for agentic AI, and develop platform infrastructure for scale.
The listing of Aye Finance will go ahead because the public issue has met the minimum subscription limit of 90%.
Out of the total allocation of 3.52 crore equity shares to the anchor investors, 76.74 lakh equity shares were allocated to two domestic mutual funds through a total of 4 schemes.
The funding round also saw participation from existing investor Elevation Capital.
In this edition, we look at how Paytm's investor ledger is the most powerful case study; and how VCs are chasing a new segment in the AI space, thanks to Dunzo's Kabeer Biswas.
These share sale comes days after Elevation Capital, formerly known as SAIF Partners, trimmed its stake in Paytm.
The venture capital firm continues to hold over a 13% stake, which is valued at over Rs 11,000 crore, in Paytm.
Like every tech IPOs that we are seeing this year, Meesho's public offer is going to a big event for the exit starved venture capital investors.
Other existing investors Elevation Capital and Z47 also participated in the funding round.
Z47 and angel investors participated in the funding round.
Aye Finance's total income jumped almost 19% to Rs 416.13 crore in the June quarter this year from Rs 350.64 crore in the same period last year.
