Matrix Partners sells bulk of its holding in Muthoot with modest gains

By TEAM VCC

  • 31 Jul 2014
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Matrix Partners has sold over four-fifths of its holding in gold loan company Muthoot Finance, booking modest gain in the process in its four-year-old investment in the company.The early to growth stage private equity firm had invested in a pre-IPO equity placement of Muthoot Finance in two tranches in 2010. ......

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