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Zomato gobbles up $250M round at $5.4B valuation
February 24, 2021
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Indian food delivery company
Zomato
has raised $250 million from
Kora Management
,
Fidelity Management & Research
,
Tiger Global
,
Bow Wave Capital Management
and
Dragoneer Investment Group
. The deal values Zomato at $5.4 billion, up from the $3.9 billion valuation it reportedly received near the end of 2020. The company is said to be pursuing an IPO in the first half of this year.
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