Top global investors, including SoftBank and KKR, have sold shares worth nearly Rs 18,000 crore in new-age companies, such as Groww and Lenskart, that went public last year through follow-on block and bulk deals in the past eight months after curbs on mandatory holding periods post-listing were eased, an ET analysis of publicly disclosed data on such trades showed.
To be sure, even after the exits, these investors continue to collectively hold stock worth more than Rs 1.18 lakh crore in these companies.
