SoftBank fund to sell $123 million stake in India’s Zomato – report

(Corrects headline to say “SoftBank”, not “Softbank”)

BENGALURU (Reuters) – SoftBank’s venture capital fund SVF Growth, Singapore, will sell a 1.1% stake in Indian food delivery firm Zomato for 10.24 billion rupees ($123.24 million), CNBC TV-18 reported on Thursday, citing sources.

($1 = 83.0928 Indian rupees)

(Reporting by Manvi Pant in Bengaluru; Editing by Sonia Cheema)