Tiger Global sells entire stake in Zomato for Rs 1,123 crore via bulk deal

Tiger Global sells entire stake in Zomato for Rs 1,123 crore via bulk deal

Tiger Global, through its affiliate Internet Fund III Pte, has exited food delivery platform Zomato by selling its entire stake via bulk deals on Monday. Under the transaction, the US hedge fund has offloaded 12.3 crore shares or 1.47% stake in the company on BSE at Rs 91.01 apiece, earning about Rs 1,123 crore. Marquee … Read more