Exclusive | Zomato to raise $560 million from anchor Investors for IPO: Sources
Startup IPO Frenzy Kick-starting with the first Unicorn, the Zomato food delivery platform was launched on July 14. The source told MoneyControl that Zomato received a strong response from global institutional investors for anchor books. Zomato Garners almost half the problem size is around $ 560 million from institutional investors at the top of the […]
Read MoreZomato can register at a 30-35% premium by subscribing to heavy; Has some red flag, said Gaurav Garg from Capitalvia
Zomato RS 9,375-Crore Food Delivery Platform The initial public offering, which is open to subscribe on July 14, can list at a 30-35 percent premium, Gaurav Garg, a research head at Capitvia Global Research said. The company has several red flags, including competition from its biggest rivals, Swiggy, and ongoing disputes with restaurants with discounts, […]
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