ZOMATO Volanews

INDIA UNICORNS ZOMATO

India’s Zomato Set to Raise $146m in Final Funding Push Before IPO Zomato’s ongoing round will see the likes of Mirae Asset-Naver Asia Growth Fund, Steadview Capital, hedge-fund Luxor Capital Partners, Lugard Road Capital and ASP India LP pump in additional capital, in the coming weeks.

by DealStreetAsia

2020-11-09

INDIA Unicorn ZOMATO

Kora Investments Adds $52 Mn to Indian Zomato’s Pre-IPO Round The fresh infusion is part of a targeted $600 million growth funding round, dubbed a Series J round, that Zomato intends to close before it hits the public market in 2021.

by techcircle

2020-10-16

INDIA UNICORNS ZOMATO

India Foodtech Unicorn Zomato Raises $100M from Tiger Global, Others; Eyes IPO in 2021 With the latest fundraise, Zomato is now reported to be valued at $3.4 billion, close to its rival Swiggy which is presently valued at $3.6 billion.

by YourStory

2020-09-11

INDIA Startups ZOMATO

Zomato Gives Up Grocery Plans As It Shifts Focus Entirely To Food Delivery Zomato has decided to wrap the grocery delivery arm — Zomato Market — as it lays out the master plan to come out of losses it faced during the lockdown.

by Inc42

2020-06-08

INDIA FOOD ZOMATO

Swiggy Goes After Healthy Food As Zomato Picks McDonald’s HealthifyMe to launch new listing for 700 Swiggy restaurants.

by Inc42

2020-01-16

INDIA ZOMATO CUSTOMER SERVICE

Ant Financial places $150 million on Zomato table at $3 billion valuation Zomato was last valued at $2 billion when it picked up capital last year after it sold its UAE delivery business to Berlin-based Delivery Hero for $172 million (Rs 1,220 crore) and separately raised $105 million.

by economictimes

2020-01-10

INDIA GIANTS CUSTOMER SERVICE

Uber all set to sell UberEats’ India business to Zomato The deal currently values UberEats’ India business at around $400 million.

by TechCrunch

2019-12-16

INDIA CUSTOMER SERVICE ACQUISITION

Zomato in talks to acquire UberEats; Uber puts price tag of $500 million When it comes to the Indian food delivery market, UberEats is a distant third in comparison to its rivals Zomato and Swiggy that clock around 2-2.5 million orders every day

by businesstoday

2019-11-27

INDIA ZOMATO GIANTS

Zomato Claims ‘Frenetic’ Growth In Tier 3-4 Cities Amid Rising Controversies Tier 3 and 4 cities now contribute Zomato’s 35% of the monthly order volume.

by Inc42

2019-10-23

Startups INVESTMENT SOUTH ASIA

Zomato, Swiggy, Dunzo To Present Drone Delivery Plans To Government In the run-up to making drones available for civilian and commercial purposes, the Directorate General of Civil Aviation (DGCA) has now sought detailed plans from seven companies that had requested for permission for drone deliveries.

by Inc42

2019-10-09

INDIA ZOMATO FINANCING

Zomato mulls $600m fresh funding led by existing investor Ant Financial Food ordering and delivery platform Zomato is in the process of raising $600 million in a fresh funding round, which is likely to be led by its existing Chinese investor Ant Financial.

by DealStreetAsia

2019-10-05

INVESTMENT CHINA INDIA

Alibaba halts further investments in India China-based Alibaba Group Holdings （NYSE：BABA）is planning to review its India strategy.

by techcircle

2019-08-28

INDIA Unicorn ZOMATO

Zomato Expands To 300 Cities As Foodtech War With Swiggy Heats Up Food delivery unicorn Zomato said today that it has now expanded to 300 cities, serving over 250 Mn users in these cities.

by Inc42

2019-06-04

ZOMATO ONLINE FOOD DELIVERY MIDDLE EAST

Zomato sells UAE biz to Delivery Hero for $172m, nabs $105m in funding Zomato sells UAE biz to Delivery Hero for $172m, nabs $105m in funding

by Evelyn

2019-03-11

TECH GIANT ALIBABA INVESTMENT

Alibaba backed Zomato: One more financing round ongoing, eyes up to $1bn India online food delivery platform Zomato is in talks to raise between $500 million and $1 billion in a new financing round.

by Alexandra

2019-01-03

LIFESTYLE TECH GIANT ALIBABA

Ant Financial Made $210 Million Strategic Investment in Indian Takeaway Giant ZOMATO Indian takeaway giant Zomato has raised an additional $210 million from Ant Financial.

by Carol

2018-10-16