Accel India, 360 ONE Group sell over 4% stake in BlueStone for Rs 513 crore
Venture capital firm Accel India and 360 ONE Group sold a little over 4% stake in omnichannel jewellery retailer BlueStone for Rs 513 crore through separate block deals on the BSE.
The two investors sold a combined 61.98 lakh shares on Thursday, representing a 4.07% stake in Bengaluru-based BlueStone Jewellery and Lifestyle, according to exchange data.
Accel India, through its affiliate Accel India III (Mauritius) Ltd, sold 28 lakh shares, or a 1.84% stake, while 360 ONE Group, through its funds, offloaded 33.98 lakh shares or a 2.23% stake in the jewellery retailer.
