SoftBank seeks to offload shares worth $135m in India's Zomato

SoftBank seeks to offload shares worth $135m in India's Zomato

FILE PHOTO: The app of Indian food delivery company Zomato is seen on a mobile phone above its logo displayed in this illustration picture taken July 14, 2021. REUTERS/Florence Lo/Illustration/File Photo

Japan’s SoftBank is seeking to sell a 1.1% stake in the Indian food delivery platform Zomato through a block deal worth 11.28 billion rupees ($135.36 million), CNBC-TV18 reported on Thursday, citing sources.