Peak XV Partners

Indigo Paints: Peak XV Partners sells 22 pc stake in Indigo Paints for Rs 1,557 crore; Morgan Stanley, HDFC MF among buyers

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Indigo Paints: Peak XV Partners sells 22 pc stake in Indigo Paints for Rs 1,557 crore; Morgan Stanley, HDFC MF among buyers

Peak XV Partners, formerly Sequoia Capital India and SEA, on Friday, divested a little over 22 per cent stake in Indigo Paints to investors like Morgan Stanley, Mercer and HDFC MF for Rs 1,557 crore via open market transactions. Venture capital firm Peak XV Partners through its two affiliates, Peak XV Partners Investments IV and … Read more

ITC may munch on Peak XV’s 47% stake in Prataap Snacks

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ITC may munch on Peak XV’s 47% stake in Prataap Snacks

ITC is evaluating the purchase of a 47% stake held by Peak XV Partners (formerly Sequoia Capital) in listed Prataap Snacks, said people with knowledge of the matter. This follows the failure of talks with Haldiram’s owing to a valuation mismatch. Prataap is best known for Yellow Diamond chips and traditional Indian namkeen under the … Read more