Zomato raises $1 billion in first major fundraise since 2021 listing

08:00 29.11.2024
Zomato has raised $1 billion through a so-called qualified institutional placement, completing its first major fundraise since its 2021 IPO. The food delivery and quick-commerce giant issued approximately 336.5 million shares at ₹252.62 each ($3), according to a stock exchange filing on Friday. The placement, which opened on November 25 and closed on November 28, […] © 2024 TechCrunch. All rights reserved. For personal use only....
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