Tiger Global joins Zomato sellers; sheds 2.34% stake in food delivery company

[Bilgin]

Tiger Global joins Zomato sellers; sheds 2.34% stake in food delivery company Zomato which concluded its IPO at an issue price of ₹76 apiece in July last year, went on to hit an all-time high of ₹169 per share in November. On Thursday, the stock closed at ₹57.75. Last month, it hit a low of ₹40.55