Zomato Investment

Goldman Sachs and Qatar Investment Authority were among the notable investors to join the unicorn's latest fundraising.

Zomato IPO: The restaurant aggregator and food delivery venture's public issue will remain open for three days, until July 16

SBI has invested an undisclosed amount in digital payments and banking technology Bengaluru-based startup Cashfree.

Online food ordering and delivery startup Zomato filed for an initial public offering of up to Rs 8,250 crore on Wednesday, April 28, as food delivery witnessed a surge amid the ongoing second wave of the COVID-19 pandemic in the country. Zomato is backed by China's Ant Group and was incorporated in 2008. It is now one of the most prominent startup...

The investment is the latest in a slew of funding for Zomato in recent months, ahead of its planned initial public offering in the first half of 2021.

Alibaba has put on hold plans to invest in Indian companies, two sources aware of the plans said, amid souring business relations and rising political tension between China and India after a clash on their Himalayan border.

A group of Zomato food delivery platform employees in Kolkata tore and burnt their official T-shirts to protest Chinese investment in the firm. The agitation comes in the backdrop of the killing of 20 Indian soldiers in a clash with Chinese troops in eastern Ladakh's Galwan Valley on June 15.

Amazon.com has secured clearance to deliver alcohol in West Bengal, according to a document seen by Reuters, signalling the US e-commerce giant's first foray into the country's multi-billion-dollar sector.

A number of Indian startups, including restaurant aggregator Zomato and food delivery service Swiggy, have cut down their employees, as they reshape their business in response to the COVID-19 pandemic, which has forced 1.3 billion Indians indoors and crippled business.

'Dark' kitchens are developing in India based on a delivery-only model with an aim to cater to the fast-growing consumer demand through food apps.

The online food delivery industry in India is set for a big churn as Uber has reportedly entered advanced stages of talks to sell Uber Eat's India business to rival Zomato by the end of this year.

A regulatory filing by Info Edge (India) has revealed the latest Alipay investment in Zomato.

Zomato, which provides services across 24 countries, said it will use the funds to improve products and technology.

Zomato said it will help TinMen, which offers home cooked meals, expand its service outside of Hyderabad.

"The Indian market represents an enormous opportunity for us to connect more people with services, and we plan to put more resources there in the future."

Goldman Sachs and Qatar Investment Authority were among the notable investors to join the unicorn's latest fundraising.

Zomato IPO: The restaurant aggregator and food delivery venture's public issue will remain open for three days, until July 16

SBI has invested an undisclosed amount in digital payments and banking technology Bengaluru-based startup Cashfree.

Online food ordering and delivery startup Zomato filed for an initial public offering of up to Rs 8,250 crore on Wednesday, April 28, as food delivery witnessed a surge amid the ongoing second wave of the COVID-19 pandemic in the country. Zomato is backed by China's Ant Group and was incorporated in 2008. It is now one of the most prominent startup...

The investment is the latest in a slew of funding for Zomato in recent months, ahead of its planned initial public offering in the first half of 2021.

Alibaba has put on hold plans to invest in Indian companies, two sources aware of the plans said, amid souring business relations and rising political tension between China and India after a clash on their Himalayan border.

A group of Zomato food delivery platform employees in Kolkata tore and burnt their official T-shirts to protest Chinese investment in the firm. The agitation comes in the backdrop of the killing of 20 Indian soldiers in a clash with Chinese troops in eastern Ladakh's Galwan Valley on June 15.

Amazon.com has secured clearance to deliver alcohol in West Bengal, according to a document seen by Reuters, signalling the US e-commerce giant's first foray into the country's multi-billion-dollar sector.

A number of Indian startups, including restaurant aggregator Zomato and food delivery service Swiggy, have cut down their employees, as they reshape their business in response to the COVID-19 pandemic, which has forced 1.3 billion Indians indoors and crippled business.

'Dark' kitchens are developing in India based on a delivery-only model with an aim to cater to the fast-growing consumer demand through food apps.

The online food delivery industry in India is set for a big churn as Uber has reportedly entered advanced stages of talks to sell Uber Eat's India business to rival Zomato by the end of this year.

A regulatory filing by Info Edge (India) has revealed the latest Alipay investment in Zomato.

Zomato, which provides services across 24 countries, said it will use the funds to improve products and technology.

Zomato said it will help TinMen, which offers home cooked meals, expand its service outside of Hyderabad.

"The Indian market represents an enormous opportunity for us to connect more people with services, and we plan to put more resources there in the future."