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Zomato raises Rs 1,800 crore from five investors

Five investors are Kora, Fidelity, Tiger Global, Bow Wave and Dragoneer. Zomato is preparing for its IPO later this year. New Delhi: Foodtech unicorn Zomato has raised $250 million (around Rs 1,800 crore) in a new funding round from five different investors. The transactions valued Zomato at a post-money valuation of $5.4 billion, Info Edge, a publicly listed investor in Zomato, disclosed in a filing to National Stock Exchange of India on Monday. The new valuation marks an increase from $3.9 bi...
New Delhi National Stock Exchange Of India On Info Edge National Stock Exchange Tiger Global Bow Wave
Source: india.com

Info Edge shares zoom 5% after Zomato raises another $250 million

Info Edge shares, on Tuesday, surged 5 per cent to Rs 5,250 in intra-day deals on the BSE after food delivery giant Zomato raised another $250 million in primary fundraise from existing and new investors. Info Edge, the nationโ€™s leading job-hunting platform, also has investments in at least 23 startups, including Zomato. In a stock exchange filing, Info Edge said that the latest transaction has taken the post-money valuation of Zomato to $5.4 billion. This is an increase from its previous v...
Info Edge Tiger Global Bow Wave Edelweiss Securities Buzzing Stocks Info Edge Shares

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