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Zomato shares touch new low as lock-in period ends

The average cost of acquisition for Info Edge (India) was only Rs 1.16; other PE/VC shareholders also free to sell their shares in the open market.

India , Alipay-singapore-holding , Internet-fund , Exchange-board-of-india-sebi , Kora-investments , Antfin-singapore-holding , Exchange-board , Info-edge , Sci-growth-investments , Partners-master , Macritchie-investments

Zomato raises $250 million from five investors, valuation reaches $5.4 billion

February 23, 2021
Online food delivery platform Zomato raised $250 million from five different investors as part of a primary round led by Kora Management. The latest round took Zomato to a post-money valuation of $5.4 billion. Info Edge, which holds a stake in Zomato, disclosed the round in a regulatory filing on Monday.
As part of the round, Zomato raised $115 million from Kora Management. Funds or accounts advised or sub-advised by Fidelity Management & Research Company and its affiliates pumped in $55 million. The company also raised $50 million from Tiger Global, $20 million from Bow Wave Capital Management, and $10 million from Dragoneer Investment Group.
Info Edge’s effective stake in Zomato stood at 18.4% following the fundraise.

Baillie-gifford , Dragoneer-investment-group , Fidelity-management-research-company , Temasek-holdings , Fidelity-management , Research-company , Tiger-global , Bow-wave-capital-management , Dragoneer-investment , Kora-investments , Macritchie-investments , Singapore-based-temasek-holdings

zomato IPO: Zomato set to close $500 million pre-IPO funding round

With the fresh capital, Zomato is expected to have a valuation of $5.5 billion and $1 billion in cash as it inches closer to an initial public offering (IPO) by June this year.

China , Mumbai , Maharashtra , India , Chinese , Deepinder-goyal , Morgan-stanley , York-stock-exchange , Sunlight-fund , Dragoneer-group , Credit-suisse , Goldman-sachs

Ahead Of IPO, Zomato Nears $500 Million Fundraising Round: Report

Ahead Of IPO, Zomato Nears $500 Million Fundraising Round: Report
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

China , Chinese , Deepinder-goyal , Ant-group , Sunlight-fund , Dragoneer-group , Tiger-global , Kora-investments , Bow-wave , Economic-times , சீனா , சீன

With USD 500 million investment, Zomato's value set to rise to 5.5 billion ahead of IPO launch

Online restaurant guide and food ordering platform Zomato is set to close a USD 500 million investment that would value the company at around USD 5.5 billion.

China , Chinese , Ant-group , Sunlight-fund , Dragoneer-group , Economic-times , Tiger-global , Kora-investments , Bow-wave , Zomato , Zomato-ipo

Zomato closes $660 million funding round: Deepinder Goyal

Zomato closes $660 million funding round: Deepinder Goyal
December 21, 2020
Restaurant aggregator and food delivery company Zomato has raised US$660 million (over ₹4,850 crore), taking its valuation to ₹3.9 billion. CEO Deepinder Goyal tweeted on Friday evening that the company had added 10 new investors, including Tiger Global, Kora, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae, and Steadview. Zomato is also in the process of closing a $140 million secondary transaction.
Some of these companies had also participated in a funding round in November, when a total of $195 million (₹1,452.4 crore) was invested into the company, including Kora Management, Luxor Capital Group, Mirae Asset, Steadview Capital, and Bailie Gifford. In October, Kora Investments pumped in $52 million into the company. In September, MacRitchie Investments, a subsidiary unit of Singapore-based Temasek Holdings, had invested $60 million.

China , India , Deepinder-goyal , Bailie-gifford , Baillie-gifford , Chintan-thakkar , Ant-group , Luxor-capital-group , Temasek-holdings , Tiger-global , Kora-management , Mirae-asset