India, June 23 -- Logistics major Delhivery's early backer Nexus Venture Partners has sold shares worth Rs.208 Cr via a block deal today, marking its third stake sale within the June quarter.

The venture capital firm sold 43.24 Lakh shares held under its Nexus Ventures III Ltd at Rs.481 apiece. The deal was sealed at a price 1% higher than today's closing price.

This adds on to the stake sales undertaken by the VC firm in the logistics major in quick succession. Earlier in April, Nexus sold Delhivery shares worth Rs.530 Cr on April 8 and another 40 Lakh shares worth Rs.186 Cr on April 15.

Back then, the shares were acquired by a mix of domestic and global institutional investors, including Morgan Stanley, Goldman Sachs, Edelweiss Mutua...