Private Equity

Liquidity Events

Elevation Capital sells TCNS Clothing shares worth Rs.53-Cr; registers 1.1x return

Stock Exchange Data   Venture Intelligence Research  

Elevation Capital has sold a 2.04% stake in publicly-listed TCNS Clothing Co (which owns womens clothing brand W) realising INR 52.58 crore. Post the sale, Elevation Capital holds a 3.33% stake in the company.

From the Venture Intelligence PE-VC Deal Database: In June 2020, Elevation Capital invested INR 56.02 crore for a 2.67% stake in the company. Subsequently it invested more.