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Exfinity clocks an exit as semiconductor firm NXP buys portfolio company

VCCircle · 4m

Exfinity Venture Partners, led by former Infosys finance chief V Balakrishnan, has successfully exited from a venture as semiconductor company NXP acquires its portfolio company. This significant move allows Exfinity to return the entire corpus of its second fund, amounting to Rs 300 crore, to its investors. The transaction marks another successful exit for Exfinity, reinforcing its reputation for generating profitable returns from its investments in early-stage technology firms.