IndiaSphere

ICICI Venture has sold a 10% stake in retail chain Subhiksha Trading Services to Azim Premji’s private equity firm PremjiInvest for Rs 230 crore, reports NDTV Profit, quoting sources. ICICI Venture holds about 25% in Subhiksha, afyer the sale the PE fund’s stake in the retail company will come down to 15%.
read more Read Original story