With early investor Qualcomm exiting its entire 5 per cent stake in digital mapping company MapmyIndia as part of its IPO, the semiconductor major is expected to book a return of almost 20X over the weighted average cost of Rs 52 per share of its current holdings. Qualcomm had first invested in MapmyIndia about 13 years ago.
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First Published: Mon, December 06 2021. 14:39 IST