Question

Tiger Global and DST Global has sold a 1.8 per cent stake in online food ordering platform Zomato for_________  through open market transactions.

A Rs.1345 crore Correct Answer Incorrect Answer
B Rs.1412 crore Correct Answer Incorrect Answer
C Rs.1567 crore Correct Answer Incorrect Answer
D Rs.1878 crore Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Tiger Global and DST Global has sold a 1.8 per cent stake in online food ordering platform Zomato for Rs 1,412 crore through open market transactions. Axis Mutual Fund, SBI Life Insurance Company, ICICI Prudential Life Insurance Company, Founders Collective Fund, Morgan Stanley Asia Singapore and Societe Generale, among others were the buyers of the shares of Zomato.

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