Bain Capital successfully raised $429 million by selling its stake in Axis Bank, with 33.4 million shares sold at Rs 1,071 ($12.87) per share. The sale, conducted through a block trade, aligned with a confidential source and was priced at the lower end of the range offered to investors. This price represented a slight discount to the stock’s closing price on Monday. Both Bain Capital and Axis Bank have yet to comment on the transaction. The stake sale signifies a significant financial move in the market, impacting both Bain Capital’s investment portfolio and Axis Bank’s shareholder structure.