Key Points
SoftBanks sale of Zomato shares follows the complete exit of the New York-based Tiger Global from the company..
Tiger sold 1.44% stake, or 12.35 crore shares of the Zomato on Monday for Rs 1,124 crore.Reuters..
Japanese technology investor SoftBank Vision Fund is expected to offload around 10 crore shares in food and grocery delivery company Zomato on Wednesday, representing around 1.17% stake, according to sources..
As of June 30, SoftBank Vision Fund held over 28.71 crore shares in Zomato, representing 3.35% stake...
Zomato had issued 62.9 crore shares at the time of Blinkits acquisition amounting to a stake of 6.88% on a fully-diluted basis...
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