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Zomato raises Rs 8,500 crore
Zomato raises $1B in first major fundraise since 2021 listing
Indian food delivery app Zomato has raised $1 billion from institutional investors, completing its first major fundraise since its 2021 IPO. The food Weeks following rival Swiggy's listing, Zomato has raised $1 billion in its first major fundraise since its 2021 IPO.
Zomato Secures USD 1 Bn via QIP, First Major Fundraise Since IPO
Notable investors include ICICI Mutual Fund, which was allotted 4.25 crore shares, making up 12.78% of the issue. Other domestic mutual funds, including HDFC, received 1.97 crore shares, or 5.95%, while Kotak's funds were allotted 6% of the issue.
Big challenge for Swiggy as Zomato raises Rs 8500 crore in first fundraise since...
India's leading multinational restaurant aggregator and food delivery company Zomato has raised $1 billion (Rs 8,500 crore) from institutional investors, completing its first major fundraise since its July 2021 Initial Public Offering (IPO).
Zomato raises ₹8,500 crore via Qualified Institutional Placement at ₹252.62 per share
Food delivery aggregator Zomato has raised ₹8,500 crore by selling equity shares to qualified institutional investors, mainly domestic mutual fund houses, to fund its expansion and growth plans. Zomato,
Forbes India
13h
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Zomato raises ₹8,500 crore via QIP at ₹252.62 per share to bulk up cash reserves
Zomato believes it needs to enhance its cash balance given the competitive landscape, with rivals Swiggy and Zepto gearing up ...
The Financial Express
1d
Zomato raises Rs 8,500 crore via QIP at Rs 252.62/share; Should you Buy, Sell or Hold this recent entrant in F&O segment
Zomato has successfully raised Rs 8,500 crore through a Qualified Institutional Placement (QIP), offering 33.65 crore equity ...
inc42
1d
Zomato Raises INR 8,500 Cr Via QIP At An Issue Price Of INR 252.62
Zomato has raised INR 8,500 Cr via qualified institutional placement (QIP) of 33.64 Cr equity shares at an issue price of INR ...
9d
on MSN
Zomato CEO Deepinder Goyal’s advice to Swiggy: ‘Competent people can’t recognise they are complacent, don’t…’
Swiggy’s IPO created many new millionaires among its employees, but Zomato CEO Deepinder Goyal warned of complacency ...
11d
Zomato eyes 30% growth in food delivery as Swiggy’s IPO sparks industry optimism
Zomato, a leading player in this arena, projects a robust 30% annual growth rate for its core food delivery business over the ...
1d
on MSN
Zomato raises Rs 8,500 crore; subsidy package for electronics
Zomato has closed its Rs 8,500 crore qualified institutional placement (QIP) mainly from domestic investors. This and more in ...
1d
140% Returns: Food Delivery Giant Zomato Raises Rs 8,500 Crore Via QIP, Shares Enter NSE F&O Segment Today
Food delivery giant Zomato has successfully raised Rs 8,500 crore through a Qualified Institutional Placement (QIP), marking ...
Yahoo Finance
1d
Zomato raises $1 billion in first major fundraise since 2021 listing
Zomato
has raised $1 billion through a so-called qualified institutional placement, completing its first major fundraise ...
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