Private Equity Liquidity Events
Elevation Capital sells KDDL shares worth Rs.21-Cr, registers 3x return
Elevation Capital has sold shares worth INR 21.25 crore of publicly-listed watch maker and retailer KDDL Ltd. Post the sale, the investor would hold a 11.88% stake in the company.
From the Venture Intelligence PE-VC Deal Database: In Jul 2015, Elevation Capital invested INR 30 Cr in KDDL. In Dec 2016, it invested additional INR 20 Cr.