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    Question

    Japanese conglomerate Softbank’s arm Svf Python II

    (Cayman) has  divested a 2.5 per cent stake in Policybazaar’s parent firm PB Fintech for ________ through open market transactions.
    A Rs.756 crore Correct Answer Incorrect Answer
    B Rs.823 crore Correct Answer Incorrect Answer
    C Rs.914 crore Correct Answer Incorrect Answer
    D Rs.1023 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Japanese conglomerate Softbank’s arm Svf Python II (Cayman) has  divested a 2.5 per cent stake in Policybazaar’s parent firm PB Fintech for Rs 914 crore through open market transactions. HDFC Mutual Fund (MF), Mirae Asset MF, ICICI Prudential Life Insurance, Societe Generale, Capital Group, The Master Trust Bank of Japan, Government Pension Fund Global, Goldman Sachs, and China’s Best Investment Corporation, among others, were the buyers of the shares.

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