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ZOMATO LOSES $100 MILLION FUNDING FROM CHINESE INVESTORS

Published On 06 Jul 2020 08:08 AM


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Highlights:

  • In January, Zomato had raised $150 million from Alibaba affiliate Ant Financial as a part of larger funding round.
  • Ant Financial has invested already around $560 million in Zomato and has a stake of more than 25 percent in the company. 
  • The government of India has made it mandatory to take prior approval for foreign investments for countries that share land borders ....


    Tags : China, Zomato, Ant Financial, investors, funding,
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