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Nalanda Capital clocks benchmark returns from Mindtree stake sale to L&T

By Ankit Doshi

  • 24 Jun 2019
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Nalanda Capital clocks benchmark returns from Mindtree stake sale to L&T
Credit: 123RF.com

Nalanda Capital, an India-focussed private equity-style investor in public equities (PIPE), has sold its entire stake in software services company Mindtree Ltd to Larsen & Turbo Ltd, two people familiar with the matter told VCCircle. Singapore-headquartered Nalanda, headed by former Warburg Pincus India managing director Pulak Prasad, tendered 17.42 million shares ......

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