Westbridge Books Huge 2 6x Return On Rs 130 Crore Partial Physicswallah Exit
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Economic TimesVerified Publisher
WestBridge Capital has sold PhysicsWallah shares worth Rs 120-130 crore since the six-month lock-in for pre-IPO investors expired in May, while continuing to hold about Rs 2,200-2,300 crore worth of disclosed stock, taking the value of its realised proceeds an WestBridge Capital has sold PhysicsWallah shares worth Rs 120-130 crore since the six-month lock-in for pre-IPO investors expired in May, while continuing to hold about Rs 2,200-2,300 crore worth of...
WestBridge Capital has sold PhysicsWallah shares worth Rs 120-130 crore since the six-month lock-in for pre-IPO investors expired in May, while continuing to hold about Rs 2,200-2,300 crore worth of disclosed stock, taking the value of its realised proceeds and disclosed remaining holding in the edtech firm to around 2.6 times its investment.WestBridge began monetising its holding in PhysicsWallah as the stock recovered from its post-listing