ICICI Prudential MF Raises Stake In RateGain

ICICI Prudential Mutual Fund has purchased an additional 1.62 Lakh shares of enterprise tech unicorn RateGain through a secondary market transaction

With this acquisition, the fund house has raised its stake in RateGain to 5.06% from 4.92% earlier

RateGain posted a 40% YoY jump in its consolidated net profit to INR 56.54 Cr in Q3 FY25, while operating revenue rose 11% YoY to INR 278.70 Cr

ICICI Prudential Mutual Fund has purchased an additional 1.62 Lakh shares of enterprise tech unicorn Rategain through a secondary…