10/20/2023: BUSINESS: Softbank to cut stake in Zomato, plans exit

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MUMBAI: Masayoshi Son-led Softbank’s fund-svf Growth (Singapore) Pte. Ltd will sell at least 1.1% stake in food-delivery and restaurant-discovery firm Zomato Ltd for around ₹1,020 crore on October 20, as the Japanese fund plans a full exit from the…

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