India: Kotak snips Sunteck stake; Stitchwood, OneAssist funding; Texas varsity to start accelerator

Kotak Investment Advisors has divested stake in Sunteck Realty, Stitchwood and OneAssist Consumer Solutions have received funding. On the other side, Texas University is launching tech accelerator in Tirupati, Andhra Pradesh.

Kotak Investment sells stake in Sunteck Realty

Kotak Investment Advisors Ltd through Kotak Alternate Opportunities India Fund has sold over 3 per cent stake in real estate firm Sunteck Realty at loss through bulk deal on Monday.

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