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ZOMATO FILES USD 1.1 BN IPO

Published On 06 May 2021 08:25 AM


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HIGHLIGHTS

  • Zomato has filed US $ 1.1 billion IPO.
  • Zomato has cashed in on demand for online food orders.

Backed by China's Ant Group, Indian food delivery startup Zomato has filed for an Initial Public Offering (IPO) of up to Rs. 82.5 billion (equal to US $ 1.11 billion). During COVID-19 pandemic, Zomato has cashed in on the increasing demand for online food ordering.

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Tags : Zomato, Swiggy, food delivery, online food order, food industry, IPO, Initial Public Offering,
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