Zomato investor Moore exits at a loss, more could follow suit

Zomato investor Moore exits at a loss, more could follow suit

Photo by Ravi Sharma on Unsplash

In another pain point for the Zomato stock that has been badly battered after the end of a one-year lock-in period, venture capital firm Moore Strategic Ventures emptied its entire stake in the food delivery company at a loss, according to block deal data accessed by DealStreetAsia.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter