Qualcomm exits Shadowfax with Rs 157 Cr stake sale

T2Covered by 1 source · first reported by Entrackr at 13 Oct, 04:29 UTC

Qualcomm Ventures has sold Rs 157.28 crore worth of shares in logistics company Shadowfax Technologies through an open market transaction. Qualcomm Asia Pacific Pte Ltd, an affiliate of the US-based chipmaker, sold 57.13 lakh shares, representing a 0.98% stake, at an average price of Rs 275.30 per…