The online travel booking platform is in talks to invest $100m as part of a $400m round that will value the restaurant listings platform at up to $2bn.
Online travel agency Ctrip has entered discussions to invest $100m in India-based online food listings and delivery platform Zomato as part of a round that could reach $400m, Times of India reported yesterday.
The round is set to include Ant Financial, the financial services affiliate of e-commerce group Alibaba, and will value Zomato at between $1.8bn and $2bn, according to two people with knowledge of the matter.
Zomato has built an online platform that lists local restaurants in 10,000 cities…