Uber Said to Have Sold 7.8 Percent Stake in Zomato for $392 Million via Block Deal

Uber said to have sold its 7.8 percent stake in Indian food delivery firm Zomato for $392 million (roughly Rs. 3,100 crore) via a block deal on local exchanges. One of the sources familiar to the deal said the stake was bought by around 20 global and Indian funds, including Fidelity, Franklin Templeton and India's ICICI Prudential.

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