India, Feb. 21 -- ICICI Prudential Mutual Fund has purchased an additional 1.62 Lakh shares of enterprise tech unicorn RateGain through a secondary market transaction, increasing its shareholding in the company to over 5%.

The fund house acquired 1,62,281 shares of RateGain through its various schemes on February 19, raising its stake to 5.06% from 4.92% earlier, said IPO-bound ICICI Prudential Asset Management Company in an exchange filing.

"The holding by schemes of the Fund are from an investment perspective and not with the objective of seeking any controlling interest," the filing read.

The deal value and details of the sellers of RateGain's shares could not be ascertained.

At 11:58 PM, shares of RateGain were trading 1% higher a...