Zomato
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Zomato becomes first Indian unicorn to go public raising US$1.26B in successful IPO
INDIA – Food delivery start-up Zomato has become the first Indian unicorn to go public, successfully raising over US$1.26 billion in an IPO that was more than…
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Zomato eyes 10% stake in e-grocery startup Grofers to counter rising competition from rivals Swiggy and BigBasket
INDIA – India multinational food delivery company Zomato is angling for a 10% stake in Indian e-grocey startup Grofers to stave-off competition from rivals Swiggy and Big Basket. According…
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Zomato files for $1.11bn IPO as food delivery surges in pandemic
INDIA – India food delivery platform Zomato has filed for a US$1.11 billion IPO as food delivery surges in India amid a raging pandemic that…
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Zomato expands meal delivery in India amid surging covid-19 cases, appoints 4 women to board
INDIA – Food delivery platform, Zomato has expanded the offering of its meal delivery service to include home-style mini-menus to cater for surging demand of…
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Zomato raises US$250 million in new funding round even as it re-evelutes its office catering business
INDIA – Indian food delivery startup Zomato has raised US$250 million, two months after closing a US$660 million Series J financing round, reinforcing the strong…