Tiger Global exits Zomato by selling stake worth ₹1,124 cr; stock rises
Tiger Global, through its investment vehicle Internet Fund IV, sells 12.34 crore shares, or 1.44% stake in Zomato, at an average price of ₹91.01 per share.
Tiger Global, through its investment vehicle Internet Fund IV, sells 12.34 crore shares, or 1.44% stake in Zomato, at an average price of ₹91.01 per share.
The share price of the online food delivery company trades 9% higher than its all-time low of ₹40.55 touched on July 27, 2022.