SoftBank, through its affiliate SVF Growth Singapore Pte, has sold a 1.09% equity stake in Zomato in a bulk deal worth Rs 1,040.5 crore. This comes after SoftBank offloaded a 1.17% stake in Zomato in August. The Japanese investor has been reducing its stake in Zomato as the lock-in period for the post-Blinkit deal ended in August. SoftBank has also been reducing stakes in other companies, including PB Fintech and Paytm.
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