India food delivery player Zomato files for domestic IPO
Zomato, an India-based food services platform that raised more than $1.25 billion in private funding from the likes of Ant Group, Tiger Global Management, and Sequoia Capital India, is looking to raise up to INR82.5 billion ($1.11 billion) through a domestic IPO.
The company plans to sell INR75 billion in new shares, while existing investor Info Edge India – the holding company for local jobs portal Naukri – will exit a position worth INR7.5 billion, according...
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