Edelweiss Mutual Fund bought 1,081,081 shares of Kfin Technologies for ₹100.00 crore at ₹925.00 apiece in a block deal. General Atlantic was the likely seller in a larger ₹1,400 crore block deal where 8.75% of KFin Technologies' equity changed hands.
A technology-driven financial services platform providing comprehensive services and solutions to asset managers and corporate issuers across multiple asset classes in India. The company delivers investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines, and Hong Kong. KFin operates as a vertically integrated service provider serving both domestic and international markets.
AMC subsidiary of Edelweiss Financial Services. Manages over Rs 1.5 lakh crore across equity, debt, hybrid and alternative strategies. CEO Radhika Gupta is the most prominent woman leader in Indian asset management and has built a strong direct investor franchise through social media and investor education. Known for multi-asset and international fund-of-fund offerings.
