The funding will make up part of a round expected to close at $500m in the next two months and valued the food listings and ordering platform at $3bn.
Ant Financial, the financial services affiliate of e-commerce group Alibaba, has invested $150m in India-based food listings and ordering service Zomato, the Economic Times reported today, citing people familiar with the matter.
The funding will make up part of a larger round that is expected to close at approximately $500m by the end of March this year. It values the company at $3bn.
Zomato’s core business is its online restaurant listings platform but it has invested heavily in linking that…
