India, April 8 -- Venture capital (VC) firm Nexus Venture Partners offloaded 1.2 Cr shares of logistics major Delhivery via multiple block deals for Rs.530.4 Cr. 

The investment firm sold 1.04 Cr shares at Rs.442 apiece via its Nexus Ventures III fund, raking in Rs.461.3 Cr. It also offloaded 15.6 Lakh shares from its Nexus Opportunity Fund for Rs.69.1 Cr. 

The shares that flooded the market were lapped up by Alphamine, BNP Paribas, Edelweiss Mutual Fund, ICICI Prudential Life Insurance, among others. The largest buyers were Nippon India Mutual Fund and SBI Mutual Fund, which bought over 45.8 Lakh shares worth Rs.202.2 Cr each. 

The shares were sold at a discount of nearly 4% to the stock's last closing price on the...