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Shortly after its Q4 financial disclosures, BlackBuck
’s seed investor Accel has offloaded 4.85 Mn or 48.5 Lakh shares in the logistics major through two bulk deals today. The VC firm sold 25 Lakh shares held under Accel Growth Fund for INR 420.04 apiece, while it sold 23.5 Lakh shares for INR 420.29 apiece from its Accel India IV (Mauritius) fund.
Cumulatively, Accel netted INR 203.8 Cr from the bulk deal in BlackBuck. Meanwhile, a portion of the offloaded shares, 9.52 Lakh shares to be…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Shortly after its Q4 financial disclosures, BlackBuck’s seed investor Accel has offloaded 4.85 Mn or 48.5 Lakh shares in the logistics major through two bulk deals today. The VC firm sold 25 Lakh shares held under Accel Growth Fund for INR 420.04 apiece, while it sold 23.5 Lakh shares for INR 420.29 apiece from its Accel India IV (Mauritius) fund.
Cumulatively, Accel netted INR 203.8 Cr from the bulk deal in BlackBuck. Meanwhile, a portion of the offloaded shares, 9.52 Lakh shares to be…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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