General Atlantic cuts 10% stake in KFin Technologies for ₹1,790 crore

Private equity firm General Atlantic, promoter entity of KFin Technologies, on Tuesday pared a 10 per cent stake in the financial services platform for Rs 1,790 crore through open market transactions.

New York-headquartered General Atlantic, through its arm — General Atlantic Singapore Fund Pte — sold 1.72 crore shares or 10 per cent stake in Mumbai-based KFin Technologies in two separate tranches, as per the bulk deal data on the NSE.