UBER, TIGER EXIT ZOMATO
NVESTMENT FIRM TIGER Global Management and ride-hailing firm Uber have sold stakes in Indian food delivery firm Zomato as the oneyear lock-in period ended on July 23. While Tiger made a partial exit to reduce its holding from 5.11 per cent to 2.77 per cent, Uber sold its entire 7.78 per cent stake in Zomato. Tiger Global Management had first invested in Zomato in September 2020 at a valuation of $3.4 billion and followed up later in February 2021 at a valuation of $5.4 billion. Uber had picked up