ICICI Prudential MF buys ~1% Go Digit stake from Peak XV for Rs 139 crore
What's the deal? ICICI Prudential Mutual FundDealroom has a profile for this one. Try Dealroom → has bought about a 1% stake in Go Digit General Insurance from venture capital firm Peak XV Partners for Rs 139 crore, according to block-deal data on the National Stock ExchangeDealroom has a profile for this one. Try Dealroom → (NSE). The fund purchased 57,21,378 shares, representing a 0.62% stake, with Peak XV selling an equal number at the same price.
The terms: The transaction was executed at an average price of Rs 243 apiece, taking the deal size to Rs 139.03 crore. Peak XV sold its shares through affiliate Peak XV Partners Growth Investments III.
Why now? The sale continues Peak XV's exit from the insurer. Earlier in 2026, it offloaded more than 33.3 lakh shares of Go Digit for Rs 100 crore.
What each side does: Go Digit General Insurance provides general and health insurance products in India, with a specialised focus on general insurance. Peak XV Partners is a US-based venture capital firm.
The signal: The deal marks another step in Peak XV trimming its position in a listed portfolio company, with domestic institutional investors picking up the shares as venture backers rotate out.
Read more: Press Trust of India
