Private Equity

Liquidity Events

Sixth Sense Ventures sells Hindustan Foods shares worth Rs.5 Cr; registers 7.78x return

Stock Exchange Data  

Sixth Sense Ventures, via Sixth Sense India Opportunities II, has sold 89,230 equity shares (0.08% stake) at INR 561.64 per share of publicly-listed Hindustan Foods Ltd (manufacturer of ‘Kurkure' snack) in June 2023. The sale aggregates to INR 5 crore. Post the sale, Sixth Sense holds 4,077,440 equity shares (3.62% stake) in the company.

From the Venture Intelligence PE-VC Deal Database: In Feb 2019, Sixth Sense Ventures (via its Fund II) invested INR 30 Cr for a 3.93% stake in the company. From its first fund, it had invested in Dec 2016 and exited the firm in June 2019 with a 9.34x return. Other PE funds that invested in the company include WestBridge Capital and Convergent Finance.