Tuesday, July 13, 2021

Zomato raises $562 million from anchor investors ahead of IPO

Indian food delivery startup Zomato said on Tuesday evening that it has raised $562.3 million from its anchor investors ahead of IPO opening on Wednesday. Zomato, which counts Ant Financial  has already secured nearly 45% of the $1.3 billion it plans to raise through the IPO, the 12-year-old Gurgaon-headquartered startup revealed in a filing to […]


from TechCrunch – Startup and Technology News https://ift.tt/3i4zC6i
via IFTTT

No comments:

Post a Comment

5 investors discuss what’s in store for venture debt following SVB’s collapse

There are many questions around the implications of Silicon Valley Bank’s (SVB) collapse that won’t be answered for a long time. But there’s...