Zomato Ltd.

Zomato’s step- down subsidiary Zomato Inc has divested its stake in Nextable Inc for $ 100,000. Zomato Inc has entered into a stock purchase agreement with Justin Doshi, Thusith Desilva and Robert Tyree for sale of shares held by it of Nextable Inc, another step-down subsidiary of the company.

Zomato is an Indian multinational restaurant aggregator and food delivery company founded by Pankaj Chaddah and Deepinder Goyal in 2008. It provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in select cities.