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Tiger Global, DST Global sell 1.8% stake in Zomato
Tiger Global and billionaire Yuri Milner's DST Global on Monday sold a 1.8 per cent stake in online food ordering platform Zomato for Rs 1,412 crore through open market transactions. Axis Mutual Fund, SBI Life Insurance Company, ICICI Prudential Life Insurance Company, Founders Collective Fund, Morgan Stanley Asia Singapore and Societe Generale, among others were the buyers of the shares of Zomato. Tiger Global through its affiliate Internet Fund III Pte and DST Global through its investment vehicle Apoletto Asia Ltd offloaded the shares on BSE and NSE.