Sequoia Capital, a venture capital firm has sold around 1% stake, in Just Dial via an open market transaction.

As per a BSE filing, Sequoia Capital India Investments III, SCI Growth Investments II and Sequoia Capital India Growth Investment Holdings I, which held 4.10% stake, sold 6.36 lakh shares representing 0.94% of stake in Just Dial.

The shares were sold on November 20, at an average price of Rs.558.8 and the transaction is estimated at Rs.35.55 crore. Further, after the sale of shares, the stake of Sequoia Capital’s in Just Dial remains 3.16%.

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