Food delivery company Zomato has raised $195 million from six investors, the US coverage budget Kora Management and Luxor Capital, according to a regulatory document released Friday.
The fundraiser is the company, one of India’s most prominent start-ups, with a subsequent $3. 6 billion money, according to the presentation of the largest shareholder Info Edge (India).
This investment is the latest in a series of financings for Zomato in recent months, prior to its planned IPO in the first part of 2021.
In September, the company raised $160 million from the US hedge fund Tiger Global Management LLC and a Temasek Holdings unit in Singapore.
Listen to the newest songs in JioSaavn. com
Zomato, like many other start-ups in India, has been grapping with the economic consequences of a national blockade two months before this year to stop the coronavirus.
He diversified into deliveries of groceries and alcoholic beverages to contain the pandemic.
Follow the latest news on NDTV. com. Follow our special policy on the coronavirus pandemic in India and get news from around the world.
Look at the living:
Follow:
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advertising. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .