BlueStone investors Accel, 360 ONE sell shares worth over Rs 500 crore
Several domestic and global institutional investors including Mirae Asset Mutual Fund and SBI Life Insurance bought the shares.
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Several domestic and global institutional investors including Mirae Asset Mutual Fund and SBI Life Insurance bought the shares.
Earlier in May, the venture capital firm sold 6.2 crore shares in a transaction valued at nearly Rs 1,116 crore.
The shares were acquired by a range of institutional investors, including Societe Generale - ODI and Motilal Oswal Large and Midcap Fund.
The shares were picked up by a clutch of institutional investors, including Integrated Core Strategies (Asia), Singularity Large Value Fund III and F3 Advisors.
The latest sale marks Ribbit Capital’s second major share sale in Groww this year.
The transaction marks Y Combinator’s second significant share sale in Groww this year after the six-month lock-in period for investors ended following the startup's listing late last year.