SoftBank sheds 1.17% stake in Indian food delivery firm Zomato in $115m deal

SoftBank sheds 1.17% stake in Indian food delivery firm Zomato in $115m deal

FILE PHOTO: The app of Indian food delivery company Zomato is seen on a mobile phone above its logo displayed in this illustration picture taken July 14, 2021. REUTERS/Florence Lo/Illustration/File Photo

SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a deal valued at 9.47 billion rupees ($114.7 million), exchange data showed.

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