China’s Ant Financial sold a 3.44% stake in India-based food delivery firm Zomato for US$400 million, marking its second partial exit. From this sale, the fintech firm made almost 4x the profit from the investment it initially made in 2018.

Overall, Ant has netted close to US$600 million from Zomato and it still retains a 6.4% stake worth US$780 million.