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Zomato raises $660 mn at a post-money valuation of $3.9 bn
Zomato on Friday announced closing of a $660-million primary financing round at a post-money valuation of $3.9 billion.In a series of tweets, CEO Deepinder Goyal said "marquee global investors share our enthusiasm about the future of this business".The 10 investors from whom Zomato raised the funds are Tiger Global, Kora, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae, and Steadview."Food delivery in India is rapidly coming out of COVID-19 shadows. December 2020 is expected to be the highest ever GMV month in our history.