Singapore based foreign institutional investor (FII) Arisaig Partners has bought 3.98% stake in Future group's venture arm Future Ventures in an open market transaction, the FII said in a statement.

Arisaig's stake in Future Ventures has gone up to 9.01% after the transaction.

Arisaig has bought 62.7 million shares and the value of shares bought stands at Rs 63 crore as per today's close.

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First Published: Mar 28 2013 | 5:01 PM IST

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