Intellivate Capital Ventures Limited (BSE:506134) agreed to acquire 69.56% stake in Partitoe Ventures Private Limited from Sahil Hassan for INR 5.8 million on April 9, 2024. In related transaction, Intellivate Capital agreed to acquire 30.44% stake in Partitoe Ventures from Asim Gosh for INR 2.5 million. The total aggregate Consideration to be paid for the said Acquisition of 100% of Partitoe Ventures is INR 8.28 million at a share price of INR 36 Per Share.

On the completion, Intellivate Capital will hold 100% of total issued and paid up share capital of Partitoe Ventures. The transaction is expected to be complete as per the Shareholders Agreement.