Alpha Wave Ventures Exits Aye Finance Via ₹323 Cr Bulk Deals
Global investment firm Alpha Wave has offloaded nearly 1.92 Cr shares or 7.78% stake in MSME-focused NBFC Aye Finance via…
Alpha Wave, a global investment firm, has recently sold a significant stake in MSME-focused NBFC Aye Finance. In a bulk deal, Alpha Wave India I offloaded two tranches of shares, totaling nearly 1.92 crore shares or 7.78% of Aye Finance's stake. The investor earned approximately ₹322.6 crore from the sale. This marks Alpha Wave's latest exit, following a series of partial or complete stake sales in recent times.
In addition to Aye Finance, the firm is reportedly planning to sell over 2 crore shares of another portfolio company, Lenskart, for around ₹1,313 crore.
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