Lenskart shares fall 1.5% after Rs 1,856 crore stake change hands in block deal, Alpha Wave Ventures likely sellerLenskart Solutions shares fell 3% after Alpha Wave Ventures sold up to 2.1 crore shares, or a 1.2% stake, worth Rs 1,313 crore through a bl...
Block deals test valuations; gig platforms quit welfare boardHappy Friday! Block deals are putting startups’ private valuations to the test. This and more in today’s ETtech Morning Dispatch.
FPIs raise India bets in August, DIIs continue buying amid cautionAfter a robust July, foreign portfolio investors increased their equity acquisitions in August, marking a moderate uptick. Domestic institu...
Startup block-deal rush puts private valuations to the cash testA rush of block deals in newly listed Indian startups is putting private-market valuations to the test. Early investors in Groww and Meesho...
Lightspeed exits PhysicsWallah in Rs 550 crore block deal with 30% returnThe transaction gives Lightspeed a relatively modest return from its nearly two-year investment in PhysicsWallah. The investor had put abou...
Physicswallah shares jump 5% after block deal worth Rs 550 crore. What’s ahead after 63% rally in 6 months?PhysicsWallah shares surged around 5% after nearly 4.67 crore shares worth about Rs 550 crore changed hands in a block deal at Rs 117.72 ap...
Welspun Corp shares drop 6% after CEO, promoter group likely sell stake worth Rs 1,433 crore via block dealWelspun Corp shares fell sharply on Wednesday after 63 lakh shares worth Rs 1,433 crore changed hands in a block deal. Promoter group entit...
Groww shares fall 3% after Rs 2,500 crore block deal; Ribbit likely sellerBillionbrains Garage Ventures, the parent company of Groww, will be in focus as early investor Ribbit Capital plans to sell a 1.6% stake th...
Block deal ahead! Ribbit Capital likely to offload 1.6% stake in Groww for Rs 1,914 croreGroww may see a Rs 1,914 crore block deal as investor Ribbit Capital reportedly plans to sell around 1.6% stake at Rs 195 per share. Groww ...
Welspun Corp promoter group, CEO to sell up to Rs 1,417 crore stake via block dealWelspun Corp’s promoter group entity and CEO Vipul Mathur plan to sell up to 63 lakh shares worth Rs 1,417.5 crore through a block deal. Th...
SoftBank sells Lenskart shares worth Rs 2,888 crore, aggregate returns at 5.7xThis is SoftBank’s second large block sale in Lenskart since the six-month lock-in for pre-IPO investors expired in May. In June, it sold a...
SoftBank pares nearly 2.6% stake in Lenskart for Rs 2,888 croreSoftBank Group has sold a 2.6% stake in Lenskart for Rs 2,888 crore. This transaction reduced SoftBank's holding to 7.28% from 9.86%. Abu D...
Y Combinator sells Meesho shares worth Rs 970 crore in block deals; Morgan Stanley, Goldman Sachs, Citigroup among buyersY Combinator-linked entities sold 4.85 crore Meesho shares worth Rs 970 crore through block deals at Rs 200.01 apiece. Institutional buyers...
Y Combinator pockets Rs 970 crore from Meesho stake saleY Combinator has sold nearly Rs 970 crore worth of Meesho shares through a block deal, adding to its returns from the ecommerce company. Th...
Shanthi Gears shares surge 37% in two trading sessions. Here's whyShanthi Gears shares surged 37.5% in two sessions after Tube Investments raised its stake by 2.69% through a block deal, taking its holding...
Lenskart Large Trade: 2.6% equity traded in a $300 million block deal; Softbank Vision likely sellerOn Monday, Lenskart Solutions witnessed a noteworthy block deal, with speculation surrounding the SoftBank Vision Fund's possible share div...
Paytm block deal: Vijay Shekhar Sharma’s Resilient Asset likely sells nearly 2 crore shares worth Rs 2,949 croreShares of One 97 Communications faced a downturn following a notable block deal involving Resilient Asset Management, a firm linked to Payt...