Over 2% stake in Zomato sold in block deal, SoftBank likely seller

Over 2% stake in Zomato sold in block deal, SoftBank likely seller

FILE PHOTO: A delivery worker of Zomato, an Indian food-delivery startup, waits to collect an order from a restaurant in New Delhi, India, May 21, 2020. REUTERS/Anushree Fadnavis/File Photo

Indian food delivery firm Zomato’s stock price rallied on Monday after 2.14% of shares, worth Rs 288 crore ($34 million), changed hands, according to stock exchange data.

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