A significant block deal took place on August 20 involving Zomato’s shares, where approximately ₹5,438.50 crore worth of shares were sold. The likely seller in this transaction was Antfin Singapore Holding, a subsidiary of the Alibaba Group. The deal involved 21 crore shares, representing a 2.4 percent stake in Zomato. […]
Zomato
Deepinder Goyal, the founder and CEO of Zomato, did indeed join the coveted billionaire club thanks to the significant surge in Zomato’s share price over the past year. Zomato’s Stock Performance: Zomato’s shares have seen a remarkable increase, with some reports indicating a rise of over 300% since July 2023. […]