Private Equity

Liquidity Events

Elevation Capital sells Safari Industries shares worth Rs.76-Cr; registers 5.21x return

Stock Exchange Data  

Elevation Capital has sold a 1.26% stake in publicly-listed luggage maker Safari Industries Ltd aggregating to INR 76.18 crore. Post the sale, Elevation Capital would hold a 2.75% stake in the company.

From the Venture Intelligence PE-VC Deal Database: Between Nov 2019 and Jun 2020, Elevation Capital invested INR 46.52 crore for 4.25% stake in Safari.