India’s Zomato raises $100M from Tiger Global, says it is preparing to apply for IPO next year
Indian food delivery start-up Zomato has actually raised$100 million from Tiger Global and is getting ready for the next stage of its journey: an IPO. Tiger Global financed the capital through its investment automobile Web Fund VI, according to a regulatory filing. Information Edge, a significant financier in Zomato, validated the advancement Thursday evening, includingthat […]
Details Edge, a significant financier in Zomato, confirmed the development Thursday evening, including that the brand-new round valued Zomato at$3.3 billion post-money. Zomato, which obtained the Indian food delivery service of Uber early this year, completes with Prosus Ventures-backed Swiggy in India. The brand-new pledge from Zomato is the outcome of a significant financial improvement in its business in recent quarters. …
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