Goldman Sachs sells Eternal shares worth Rs 169 crore
The shares were bought by BofA Securities at Rs 316 apiece.
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The shares were bought by BofA Securities at Rs 316 apiece.
Goldman Sachs Bank Europe SE purchased the entire stake in the transaction.
Several institutional investors picked up the shares, including Goldman Sachs, Morgan Stanley, Societe Generale, Kotak Securities, Tata Mutual Fund and BNP Paribas.
The funding round was led by Goldman Sachs Alternatives, part of Goldman Sachs Alternatives, and A91 Partners.
The AI system 'Devin' will handle routine coding tasks such as updating internal code to modern programming languages.
There has been strong internal chatter that CoreCard is in discussions with multiple parties regarding a potential acquisition, according to sources.
Goldman Sachs is the seventh multinational bank to lend to Navi Finserv.