Global ride hailing major Uber, through its arm Uber BV, on Wednesday sold its entire 7. 8% stake in food delivery platform Zomato for about Rs 3,100 crore (around $392 million) through block deals on the BSE. International fund management giant Fidelity and ICICI Prudential Life Insurance bought the biggest blocks from the 61. 2 crore shares offloaded by Uber, BSE data showed. In 2020, Uber had bought the stake in Zomato for $200 million. With the whole stake sold, the US company nearly doubled its investment in just about two years. Market sources said about 20 institutional investors picked up the Zomato shares on offer on Wednesday. BSE data showed Fidelity bought a little over 5. 4 crore shares at an average price of Rs 50. 3 per share while ICICI Prudential Life Insurance bought 4. 5 crore shares at the same per-share price.