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Inventus Capital sells 1.67% stake in Policybazaar for $25 mn: Report
short by Anushka Dixit / on Monday, 13 January, 2020
Venture capital firm Inventus Capital has disinvested 1.67% stake in Policybazaar for $25 million through a secondary transaction, Entrackr reported. The stake has likely been purchased by several family offices, PE firms and FIIs and is the second secondary transaction at Policybazaar in the last seven-eight months. Inventus, which had invested $5 million in 2013, retained the remaining stake.
read more at Entrackr