Sequoia India sells partial stake in FirstSource

Sequoia India announced that it has sold a 4.45% stake in Firstsource Solutions (formerly ICICI OneSource) to SUN Group for an amount of $42 million. Sequoia still owns 5% stake in FirstSource after this deal.

Sequoia India’s investment portfolio includes Applabs, Bharti Telesoft, Coffee Day, Firstsource, GlobalLogic, Indiatimes, Travelguru, Shaadi and Guruji.

via PR

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This entry was posted on Thursday, May 17th, 2007 at 10:05 am and is filed under India Funding. You can follow any comments to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

One comment

  1. India Counts
    May 20, 2007 at 2:53 pm

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