India, May 13 -- Shares of fintech SaaS company KFin Technologies tumbled 7% to their day's low of INR 1,041 on the BSE today after promoter General Atlantic Singapore Fund Pte Ltd likely sold a 6.9% stake in the company via multiple block deals.

General Atlantic Singapore Fund Pte Ltd, an entity affiliated with US-based private equity firm General Atlantic, was looking to offload 1.18 Cr shares worth INR 1,209.5 Cr at 1,025 per share - a discount of over 9% from the previous close, CNBC TV-18 reported.

However, official confirmation of the buyers and sellers is still awaited.

As of March 2025, General Atlantic Singapore Fund Pte Ltd, held a 31.98% stake in KFintech, equivalent to 5.5 Cr shares.

What Has KFintech Been Up To?

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