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New World Fund sells 1% stake in Vakrangee

New World Fund has sold 1.06 crore shares or 1% stake in Vakrangee through an open market transaction. It has sold the shares at Rs 253.27 per share on NSE.

Vakrangee is the unique technology driven company focused on building India’s largest network of last-mile retail touch points to deliver real-time banking, insurance, e-governance, ecommerce and logistics services to the unserved & underserved rural, semi-urban and urban markets.

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