SoftBank Offloads 1.06% Stake In Zomato For INR 1,127 Cr

SoftBank Offloads 1.06% Stake In Zomato For INR 1,127 Cr

SUMMARY

SVF Growth (Singapore) sold 9.35 Cr shares of Zomato at INR 120.5 apiece

Invesco, ICICI Prudential Insurance, Goldman Sachs (Singapore), and Morgan Stanley Asia Singapore were among the buyers of the offloaded shares

With the latest stake sale, Softbank has most likely completely exited Zomato

Japanese tech investor SoftBank on Friday (December 8) offloaded 9.35 Cr shares of foodtech giant Zomato in an INR 1,127 Cr block deal. 

SVF Growth (Singapore) dumped 1.06% stake in the company at INR 120.5 apiece, as per NSE data. 

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