Stay updated with breaking news from Svf Python Ii Cayman Ltd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Noteworthy buyers in this strategic move included prominent entities such as HDFC Mutual Fund, Mirae Asset Mutual Fund, ICICI Prudential Life Insurance, Societe Generale, Capital Group, The Master Trust Bank of Japan, Government Pension Fund Global, Goldman Sachs and China's Best Investment Corporation, , softbank, PB Fintech
Softbank's subsidiary, Svf Python II (Cayman), has divested a 2.5% stake in PB Fintech, the parent company of Policybazaar, for Rs 914 crore (approximately $122 million) through open market transactions. The shares were sold to various buyers, including HDFC Mutual Fund, Mirae Asset Mutual Fund, ICICI Prudential Life Insurance, and others. Following the share sale, PB Fintech's shares fell 2.31% to close at Rs 789.45 apiece on the BSE.