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Alpha Wave Ventures sells Rs 550 crore Pine Labs shares

Alpha Wave Ventures offloaded Rs 550-crore worth of Pine Labs shares via open market transactions on September 2, with block deals showing buyers including ICICI Pru Life and Morgan Stanley.

ICICIPRULIPINELABS

Alpha Wave Ventures has offloaded Rs 550-crore worth shares in Pine Labs, the point of sale and payment systems provider, via open market transactions on September 2.As per the block deals published on the stock exchanges, Alpha Wave Ventures II LP, the flagship global private equity fund managed b…