India, Dec. 26 -- VC giant Peak XV Partners on Thursday (December 26) sold fintech major MobiKwik's shares worth INR 81.63 Cr via a block deal.

As per NSE data, the investment firm, through Peak XV Partners Investment Holdings III, sold 12.01 Lakh shares at INR 679.38 apiece.

The investment entity held 21.83 Lakh shares, or 2.81% shareholding, in the company as of December 16. Peak XV also holds another 9.98% stake in the company via another entity.

Earlier, on December 19, Peak XV offloaded more than 7 Lakh shares of the fintech company at INR 579.37 each for a total consideration of INR 40.59 Cr.

Shares of MobiKwik rallied as much as 15% to hit a fresh all-time high of INR 698.30 apiece during the intraday trading on the BSE on Thur...