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After Tiger Global, Sequoia sells 2% stake in Zomato on open market

Shortpedia

Content Team
Image Credit: tradebrains

Sequoia Capital India has joined the growing list of private investors who have sold off their partial or full stake in Zomato, which went public last year. Following the sale of shares, Sequoia’s stake in Zomato has shrunk from 6.41% to 4.4%. Among the other investors who have sold stakes in Zomato in recent months is Tiger Global.