Lightspeed Venture Partners sold its entire 1.61% stake in PhysicsWallah for Rs 549.73 crore through a block deal on the NSE.

PhysicsWallah shares surged around 5% after nearly 4.67 crore shares worth about Rs 550 crore changed hands in a block deal at Rs 117.72 apiece. The stock has recovered sharply…

The transaction gives Lightspeed a relatively modest return from its nearly two-year investment in PhysicsWallah. The investor had put about Rs 420 crore into the company in…