Malabar Investments sitting on windfall gains from mobile ad solutions provider
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Malabar Investments sitting on windfall gains from mobile ad solutions provider

By Ranjani Raghavan

  • 15 Feb 2021
Premium
Malabar Investments sitting on windfall gains from mobile ad solutions provider
Credit: 123RF.com

Malabar Investments is sitting on bumper returns from its less than three-year investment in a mobile ad solutions provider. The Sumeet Nagar-led hedge fund has trimmed its stake in listed Affle (India).  Malabar sold around 2.25% stake in the local arm of Singapore-based mobile solutions company Affle Holdings Pte Ltd over a ......

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