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The Economic Times

Technology

Qualcomm sells nearly 1% stake in Shadowfax Technologies for Rs 157 crore

Qualcomm Qualcomm Ventures BSE Bengaluru

Global investor Qualcomm Ventures divested nearly a 1% stake in logistics solutions provider Shadowfax Technologies for Rs 157 crore through an open market transaction on Monday.

Qualcomm Ventures, through its affiliate Qualcomm Asia Pacific Pte Ltd, sold a little over 57.13 lakh shares, representing a 0.98% stake, in Bengaluru-based Shadowfax Technologies, according to bulk deal data on the BSE.

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