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Tiger Sells Its 2.34 per cent In Zomato www.thinkwithniche.comban site

Tiger Global nearly halved its stake in food delivery firm Zomato Limited., along with investors like Uber Inc. and Moore Strategic Ventures which have either left or cut their stakes following a year-long lock-in period for some shareholders expired on the 23rd of July. The hedge fund with its headquarters in New York has sold more than 184 millions shares which is 2.34 percent in Zomato between the 25th of July and 2nd of August on the market, it stated in an exchange filing on Thursday. Following the sale, Tiger Global now holds a 2.77 percent share in Zomato, as the document indicates.
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