Advertisement

Sequoia Capital Reduces Holding In Zomato To 4.4%

Sequoia Capital had held a 6.41 per cent stake in Zomato before the sale.

Venture capital firm Sequoia Capital has reduced its holding in Zomato to 4.4 per cent after selling shares in open market, according to a regulatory filing by the online food delivery platform.

Sequoia Capital had held a 6.41 per cent stake in Zomato before the sale. 

In a regulatory intimation by Sequoia Capital filed on the BSE by Zomato, Sequoia Capital India Growth Investment Holdings I sold 6.67 crore shares in the period from September 6, 2021, to October 14, 2021, and another 2.12 crore shares in the open market between June 27, 2022 to August 25, 2022.



Tags assigned to this article:

Around The World

Advertisement