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Earlier this month, Zomato had said that it was in the process of setting-up its own NBFC which will allow the company to extend short term credit to its ecosystem.
Food tech giant Zomato is bullish on India’s aggressively growing quick commerce segment.
These investments will be subject to certain customary conditions and other terms and conditions agreed under the investment agreements.
Zomato to invest in ad-tech firm Adonmo, B2B software platform, UrbanPiper Tech