Tech

Flipkart exits Blackbuck, Aditya Birla Fashion in block deals worth over Rs 1,250 crore

Published

8 months ago

June 4, 2025

[ad_1]

Walmart-backed Flipkart has exited its investments in logistics tech firm Blackbuck and Aditya Birla Fashion and Retail (ABFRL) through separate block deals this week, cashing out stakes worth a combined Rs 1,250 crore.

The transactions come amid a broader rebound in public markets, following a steep decline at the start of the year. The recent recovery has triggered a spate of secondary deals involving promoters, private equity (PE) firms and strategic investors trimming positions.

Blackbuck exit

Flipkart subsidiary Quickroutes International sold its…

[ad_2]

Source link