| Sequoia sells 4% stake in Firstsource for $42mn |
| Our Web Bureau / Mumbai May 17, 2007 |
| Sequoia Capital India has divested 4.45% stake in Firstsource Solutions (formerly ICICI OneSource) to Sun Group, a global investment and business group, for $42 million. Post-sale, Sequoia Capital continue to own around 5% stake in FirstSource, according to a release issued by Sequoia Capital today. K P Balaraj, managing director, Sequoia Capital India said: "We are very positive about Firstsource Solutions, which is one of India |
