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business/news//Free Press Journal
Paris-based BNP Paribas, SBI Mutual Fund (MF), Edelweiss MF, Nippon India MF, AlphaGrep Investment Management.
Nexus Venture Partners sold a 1.6% stake in Delhivery for Rs 530 crore.
KEY POINTS
Buyers included BNP Paribas, SBI MF, Edelweiss MF, Nippon India MF, AlphaGrep, and ICICI Prudential Life.
The shares were sold at an average price of Rs 442 each via open market transactions.
Nexus Venture Partners has now sold Delhivery stakes three times since August 2024.