Tiger Global sells remaining stake for Rs 1,123 crore

Internet Fund III Pte Ltd, a fund managed by Tiger Global, sold 12.43 crore shares or 1.44% stake for Rs 1,123 crore

on August 3 last year, Uber sold 7.8% stake in Zomato for Rs 3,087 crore.

The current deal comes after Zomato reported its first ever profit of Rs 2 crore in Q1 of FY24.

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