Tiger Global Offloads IPO-Bound Urban Company’s Shares Worth INR 329.7 Cr

Tiger Global offloaded Urban Company’s shares worth INR 329.7 Cr via secondary transactions earlier this week, marking one of the largest pre-IPO stake sales this year

Tiger Global’s Internet Fund V offloaded 3.14 Cr shares, representing 2.14% of the company’s pre-offer paid-up equity share capital, at a price of INR 103 per share

Following the share sale, Internet Fund V’s holding in Urban Company has declined to 2% (29.4 Cr shares) from 4.14% (60.8 Cr shares) earlier

Tiger Global offloaded Urban Company’s…