Zomato sees Rs 1,125 cr worth shares deal, SoftBank likely seller ...Middle East

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New Delhi: Shares worth $135 million (nearly Rs 1,125 crore) in food delivery platform Zomato exchanged hands via a block deal on Friday, with Japanese investment giant SoftBank being the likely seller. Around 1.06 per cent stake of the company or 9.35 crore shares exchanged hands in the deal during the early session. Zomato stock was trading around Rs 121 on the stock exchange after the block deal. SoftBank’s SVF Growth was the likely seller, which offloaded another 1.06 per cent stake in Zomato. However, it was not clear who was the buyer in the transaction. In October, SoftBank had sold a 1.09 per cent stake in Zomato in a bulk deal worth Rs 1,040.5 crore via its venture capital fund SVF

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