Private Equity

Liquidity Events

Blume Ventures sells Infollion Research shares worth Rs.5-Cr; registers 13.34x return

Stock Exchange Data  

Blume Ventures has sold a 2.72% stake in recently publicly-listed Infollion Research Services Ltd for INR 5 crore. Post the sale, Blume would hold a 1.34% stake in the company.

From the Venture Intelligence PE-VC Deal Database: In Apr 2013, Blume Ventures invested INR 80 Lakhs for a 10.52% stake in the company. On Jun 8, 2023, Infollion Research stock debuted on the NSE Emerge platform. Blume Ventures made a part exit as part of the IPO.