Massachusetts Institute Of Technology sold 27,50,000 shares of KPIT Technologies for ₹173.25 Cr at ₹630.00 apiece in a bulk deal.
A global technology company specializing in embedded software, artificial intelligence, and digital solutions for the automotive and mobility sectors. KPIT develops innovative platforms that enable autonomous, clean, smart, and connected mobility technologies for customers worldwide. With over thirteen thousand employees and development centers across Europe, USA, Japan, China, Thailand, and India, the company accelerates implementation of next-generation transportation solutions.
Listed equity holdings of MIT's endowment, managed by MIT Investment Management Company (MITIMCo). Endowment manages over USD 23 billion.
