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Synopsis Zomato reported Rs 1,367.65 crore in revenue for the period April 1 to Dec 31, 2020, while its losses in the same period added up to Rs 684.15 crore. Online food delivery and restaurant discovery platform Zomato filed its much- anticipated draft red herring prospectus (DRHP) with markets regulator Sebi on Wednesday, becoming the first big domestic consumer internet startup to soon go public in India. Zomato said in its filing that it intends to raise Rs 8,250 crore in capital by offeri...

Zomato IPO: Top shareholder Info Edge will sell shares worth Rs 7.5 billion in the IPO Food delivery startup Zomato, backed by Chinas Ant Group, has filed for an initial public offering of up to Rs 82.5 billion ($1.11 billion) as consumers increasingly turn to ordering food online during the COVID-19 pandemic. Launched in 2008, Zomato is one of Indias most prominent startups. It is present in 24 countries and employs more than 5,000 people, according to its website. In February, the company had...

Zomato Files for Rs. 8,250-Crore IPO as Food Delivery Surges in Pandemic Zomatos offering will comprise a fresh issue of shares worth up to Rs. 7,500 crores. By Reuters | Updated: 28 April 2021 12:05 IST Zomato said it intends to use the proceeds to fund growth initiatives and general corporate purposes Highlights Top shareholder Info Edge will sell shares worth Rs. 750 crores in IPO India has been one of the hottest IPO markets so far in 2021 Zomato has filed ...

Stocks in news: Axis Bank, Info Edge, Bajaj Finance, Britannia and more Stocks in news: Axis Bank, Info Edge, Bajaj Finance, Britannia TVS Motor, Sanofi India and more BusinessToday.In | April 28, 2021 | Updated 09:59 IST Stocks in news on April 28: Axis Bank, Info Edge, Bajaj Finance, Britannia and more Sensex and Nifty are likely to open lower today as Nifty futures on the Singapore Exchange traded 58.50 points, or 0.40 per cent, lower at 14,692. On Tuesday, benchmark indices ended higher fo...

Starbucks shares fall as investors worry about international growth (SPY +0.01%). Biggest premarket movers: Alphabet, Spotify, Pinterest, Shopify. Here is the current market situation from CNN Money European markets are mixed. The DAX is higher by 0.06%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.43% and 0.07% respectively. What Is Moving the Markets Here are the headlines moving the markets. Cautious Hedging Costs U.S. Drillers Billions A month ago, ConocoPhillips warne...

The bank on Tuesday reported a net profit of Rs 2677 crore for the quarter ended March 2021, as compared to a loss of Rs 1,388 crores in the same quarter a year ago

Updated: The online food delivery segment has seen significant growth in the last few years. Share Article AAA Zomatos FY20 revenue had jumped over two-fold to $ 394 million (around ₹ 2,960 crore) from the previous fiscal.   | Photo Credit: Sushil Kumar Verma The online food delivery segment has seen significant growth in the last few years. Food delivery platform Zomato has filed preliminary papers with capital market regulator Securities and Exchange Board of India (Sebi) to raise ₹ ...

Zomato files for IPO, plans to raise Rs 8,250 crore Info Edge has approved sale of the firms stake worth Rs 750 crore in Zomato during the IPO BusinessToday.In | April 28, 2021 | Updated 13:03 IST Zomato plans to launch an IPO in the first half of this year, as per an internal email sent by founder and CEO Deepinder Goyal to the companys employees last year Food delivery startup Zomato,backed by Ant Group, has filed for an initial public offering of up to Rs 8,250 crore ($1.11 billion), draft ...

Zomatos offering will comprise a fresh issue of shares worth up to Rs 7,500 crore. Shares of Info Edge India, which has stake in food delivery service provider Zomato, rose as much as 3.14 per cent to hit an intraday high of Rs 5,100 on the BSE after Zomato filed draft red herring prospectus (DRHP) with Securities and Exchange Board of India (SEBI) to raise up to Rs 8,250 crore through share sale via initial public offering (IPO). The company said it intends to use the proceeds to fund growth ...

Zomato files papers for ₹8,250 crore IPO Updated: Updated: Share Article AAA Food delivery app Zomato Ltd., backed by China’s Ant Group, on Wednesday filed a draft red herring prospectus (DRHP) with the Securities & Exchange Board of India (SEBI) to raise ₹8,250 crore. The IPO would comprise fresh issue of ₹7,500 crore and OFS (offer for sale) of ₹750 crore by Info Edge, an investo. Zomato said it would utilise the proceeds of the fresh issue to fund growth initiatives and for gener...