Zomato plans IPO in the first half of 2021; CEO Deepinder Goyal said in an email to employees
New Delhi, Sept. 11 -- Zomato has been in the front desk raising funds even during the pandemic. Recently, the company raised funds from Tiger Global, Kora Capital, and Temasek . Further, in an email to its employees, CEO Deepinder Goyal said that the unicorn has $250 million cash in the bank; more big names will be joining its current round. This will end up Zomato with $600 million in the bank very soon.
With the latest fundraise, Zomato is valued at $3.4 billion. It is very close to beating its rival Swiggy who has a $3.6 billion valuation.
var gptAdSlots = []; var googletag = googletag || {}; googletag.cmd = googletag.cmd || []; googletag.cmd.push(function() { var aftertowprar= googletag.sizeMapping(). addSize([728, 90]). build();
...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.