Avataar Venture Partners has exited RateGain Travel Technologies, selling its entire 1.8% stake for Rs 160 crore through an open market transaction. The shares were picked up by Axis Mutual Fund, ICICI Prudential MF, Tata MF, Morgan Stanley Asia Singapore and Societe Generale.
New Delhi, Jun 20 (PTI) VC firm Avataar Venture Partners on Thursday exited RateGain Travel Technologies by selling its entire 1.8 per cent stake for Rs 160 crore through an open market transaction.
Avataar Venture Partners through its arm Avataar Holdings sold shares of SaaS solutions provider RateGain Travel Technologies on the National Stock Exchange (NSE).
According to the block deal data available with the NSE, Avataar Holdings offloaded 21,56,960 shares,…