As part of the process, ICICI Venture may sell its entire stake in the company, the people cited above said on the condition of anonymity.
Mumbai-based Anthea is seeking a valuation of ₹700-800 crore in the transaction, they added.
The promoters are also likely to sell a big chunk of their stake, one of the two people said.
This story is from the February 01, 2023 edition of Mint Mumbai.
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This story is from the February 01, 2023 edition of Mint Mumbai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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