Indian food delivery startup Zomato files for an IPO

Indian food delivery startup Zomato files for an IPO

3 years ago
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https://techcrunch.com/2021/04/27/indian-food-delivery-startup-zomato-files-for-an-ipo/

Indian food delivery startup Zomato on Wednesday filed for an initial public offering, becoming the first tech unicorn startup from the world’s second largest internet market to do so in recent years.

The 12-year-old Gurgaon-headquartered Indian startup, which counts Info Edge and Ant Group among its investors, has set $1.1 billion as its IPO size and will look to raise about $1 billion by issuing shares, it said in the filing.