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Pine Labs Co-founder Lokvir Kapoor, who purchased shares at ₹0.49/share, is set to make 451x gains on his investment in the startup's upcoming ₹3,990-crore IPO. Peak XV is set to make 39.4x returns while Sofina Ventures, Mastercard and Lone Cascade are set to make 4.7x, 1.7x and 1.15x returns. Invesco will, however, sell its shares at a loss.
short by Ashley Paul / 04:36 pm on 03 Nov
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