StartupsInc42about 6 hours ago
Turtlemint IPO: Peak XV Nets ₹66.2 Cr, Nexus Books 8.8X
3 min read
Peak XV partners netted ₹66.2 Cr by selling 43.56 lakh shares in Turtlemint's IPO at ₹152 per share, a 7.2X return. Nexus Venture Partners booked an 8.8X return by offloading 27.47 lakh shares worth ₹41.75 Cr. The insurtech IPO was oversubscribed 1.2X.
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