EaseMyTrip co-founder Nishant Pitti to exit firm with Rs 780 cr stake sale
Nishant Pitti, co-founder of EaseMyTrip, is set to sell his remaining 14 per cent stake in the company for Rs 780 crore through a block deal scheduled for December 31, according to several media reports. The deal involves 500 million shares priced at Rs 15.6 per unit.
Prominent institutional investors, including CRAFT Emerging Market Fund PCC’s Citadel Capital Fund, Elite Capital Fund, Multitude Growth Funds Limited, Nexpact Limited, and Eminence Global Fund, are reportedly participating in the transaction.
