Private equity major Sequoia today sold nearly 36 lakh shares of local search engine Justdial for a little over ₹135 crore through open market transactions. According to bulk deal data of the NSE, the private equity major offloaded 35.98 lakh shares, or 5.17 per cent stake, in Justdial.
While Sequoia Capital India Growth Investment Holdings I sold 14.94 lakh shares, SCI Growth Investments II and Sequoia Capital India Investments III disposed of 13.93 lakh and 7.11 lakh, respectively. The shares were offloaded in the range of ₹375.27-375.55 per piece, valuing the transaction at ₹135.09 crore, according to the data.