Walmart-backed Flipkart has exited its investments in logistics tech firm Blackbuck and rel=”dofollow” href=”https://economictimes.indiatimes.com/aditya-birla-fashion-and-retail-ltd/stocks/companyid-46091.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Aditya Birla Fashion and Retail (ABFRL) through separate block deals this week, cashing out stakes worth a combined Rs 1,250 crore.

The transactions come amid a broader rebound in public markets, following a steep decline at the start of the year. The recent recovery has triggered a spate of secondary deals involving promoters, private equity (PE) firms and strategic investors trimming positions.

Blackbuck exit

Flipkart subsidiary ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/quickroutes-international” target=”_blank”>Quickroutes International data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/markets/stocks/news/peak-xv-trims-stake-in-zinka-logistics-in-rs-302-crore-bulk-deal-adia-mit-among-buyers/articleshow/121602276.cms” data-type=”tilCustomLink” target=”_blank”>sold its…

Walmart-backed Flipkart has exited its investments in logistics tech firm Blackbuck and rel=”dofollow” href=”https://economictimes.indiatimes.com/aditya-birla-fashion-and-retail-ltd/stocks/companyid-46091.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Aditya Birla Fashion and Retail (ABFRL) through separate block deals this week, cashing out stakes worth a combined Rs 1,250 crore.

The transactions come amid a broader rebound in public markets, following a steep decline at the start of the year. The recent recovery has triggered a spate of secondary deals involving promoters, private equity (PE) firms and strategic investors trimming positions.

Blackbuck exit

Flipkart subsidiary ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/quickroutes-international” target=”_blank”>Quickroutes International data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/markets/stocks/news/peak-xv-trims-stake-in-zinka-logistics-in-rs-302-crore-bulk-deal-adia-mit-among-buyers/articleshow/121602276.cms” data-type=”tilCustomLink” target=”_blank”>sold its…