SOFTBANK WILL SELL OVER 1% IN ZOMATO FOR RS 940 CRORE TODAY

SoftBank Vision Fund, an early investor in Zomato, will sell 10 crore shares translating to nearly 1.2% of the company's equity through block deals. At the per-share floor price of Rs 94, the deal is expected to fetch about Rs 940 crore to the SoftBank arm.

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