Private Equity

Liquidity Events

Elevation Capital sells addl KDDL shares worth Rs.30-Cr, registers 3x return

Stock Exchange Data  

Elevation Capital has sold shares in publicly-listed watches maker KDDL worth INR 30.60 crore. Post the sale, the investor would hold a 8.97% stake in the company.

From the Venture Intelligence PE-VC Deal Database: In Jul 2015, Elevation Capital invested INR 30 crore for 10% stake in KDDL. In Dec 2016, it invested additional INR 20 crore.