Zomato's $1.3 billion India stock offering draws strong investor demand
https://www.reuters.com/article/us-zomato-ipo/zomatos-1-3-billion-india-stock-offering-draws-strong-investor-demand-idUSKBN2EM0NP
MUMBAI (Reuters) -A $1.3 billion stock offering by Indian food delivery startup Zomato, backed by China's Ant Group was more than 26 times oversubscribed before the offer closed on Friday, as investors placed bets on a fast-growing sector.