Friday, 24 March, 2023

Sequoia Capital sells 2% of Zomato's shares

<p>A total of 2% of Sequoia Capital India&#39;s Zomato stock has been sold on the open market. Currently, Sequoia owns a 4.4% share in the Gurugram-based company. Sequoia sold its Zomato shares during the first half of last year from September 6 to October 14. Sequoia owned 50.26 Cr equity shares, or 6.41% of the total share capital, when Zomato made its debut on national exchanges in 2021.</p>