In 50 Words: SoftBank sells part of stake in Zomato for $114.7m

NewsPremium

👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

Add TIA as a preferred source

SoftBank Vision Fund has sold a 1.17% stake in Indian food delivery company, Zomato, for around US$114.7 million.

The shares were sold to several organizations including the International Monetary Fund, Morgan Stanley Asia Singapore, and Goldman Sachs.

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies: