Sequoia Capital To Sell 10% Stake In Go Fashion Via Block Deal: Sources
Sources close to the situation claim that the sale of Go Fashion will take place through a block transaction and involve up to 10,18 percent.
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Sequoia Capital, an American venture capital company, is planning to sell a large stake in the fashion retailer Go Fashion. Sources close to the situation say that the sale will take place through a block transaction and involve up to 10,18 percent of Go Fashion stake.
The price agreed for each share is Rs 1135. This will likely result in a deal worth around Rs 624 crore.
Sequoia India is the largest venture capital company in India. It boasts an impressive portfolio, with assets managed worth $9 billion.
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