Private Equity

Liquidity Events

TPG Growth exits Landmark Cars by selling shares worth Rs.293-Cr; registers 4.14x return

Stock Exchange Data   Venture Intelligence Research  

TPG Growth has sold its 11.25% stake in publicly-listed Landmark Cars Ltd reaping INR 293.22 crore. With the sale, TPG Growth has made a complete exit from its over 8.5-year-old investment with a 4.14x return.

From the Venture Intelligence PE-VC Deal Database:, TPG Growth had first invested in Landmark Cars group in 2014-15. Landmark Cars went public in Dec 2022 as part of which TPG Growth had made a part exit.