Nishant Pitti sold 5,59,213 shares of Mahalaxmi Rubtech for ₹6.02 Cr at ₹107.73 apiece in a bulk deal on June 29, 2026.
A manufacturer and marketer of traditional textiles and polymer-based technical textiles, Mahalaxmi Rubtech produces rubber products for industrial and consumer applications. Established in 1991, the company operates across textile weaving and rubber manufacturing segments, serving diverse customer bases in India. Its distinctive approach combines traditional textile expertise with modern polymer technology to address varied market demands across multiple industries.
Co-founded EaseMyTrip in 2008 with ₹10 lakh, zero external funding, and built it into one of India's largest online travel platforms, listing it in 2021. Stepped down as CEO in January 2025 and sold a 14% stake for ~₹920 Cr, redeploying capital into listed equities. A founder-investor who knows what it takes to build a category winner: he looks for the same grit and unit economics in the companies he backs now. Tracking his fresh equity bets = watching founder capital find its next move.
