Kotak Mutual Fund, Motilal Mutual Fund invest Rs 169 cr in Rubicon Research

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Kotak Mutual Fund and Motilal Mutual Fund have invested approximately Rs 169 crore in Rubicon Research ahead of its IPO. This investment comes as General Atlantic Singapore RR Pte Ltd offloaded a 2.25% stake. The company’s Rs 1,377.5 crore IPO includes a fresh issue and an Offer For Sale, with proceeds earmarked for debt repayment and strategic growth.

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Kotak Mutual Fund, Motilal Mutual Fund invest Rs 169 cr in Rubicon Research

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