Zomato’s `1,040-cr shares change hands in bulk deal

New Delhi: Nearly 9.28 crore equity shares of online food delivery platform Zomato worth Rs1,040 crore were offloaded on Friday in a bulk deal, likely by SoftBank. Japanese investment giant SoftBank, via its affiliate SVF Growth (Singapore) Pte, likely sold 1.09 per cent stake in Zomato in the bulk deal, taking the online food delivery platform’s stock up more than 2 per cent in the opening trade on the BSE.