Friday, February 6, 2009

VC firm Walden sells part stake in MindTree to Nalanda Capital

Singapore-based Nalanda Capital has bought nearly a 2% stake in IT services firm MindTree Ltd from venture capital firm Walden International. The stake has been bought for Rs 15.6 crore through an open market bulk deal on the Bombay Stock Exchange. The stake has been picked up for nearly Rs 16 crore. Walden still continues to hold about 15.8% stake in MindTree

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