Food delivery service Zomato, whose shareholders include Uber, Info Edge, Delivery Hero and Ant Financial, reportedly raised the capital at a $3bn valuation.
Zomato, an India-based food ordering app developer backed by corporates Ant Financial, Delivery Hero, Info Edge and Uber, has increased its latest funding round to $262m, the Economic Times reported today.
Singaporean state-owned investment firm Temasek has invested $62m through its MacRitchie Investments subsidiary, ET reported, citing a regulatory filing. The news follows an earlier ET report yesterday stating that Tiger Global Management and Kora Capital were each contributing $100m to the round.
Zomato is raising the money at a…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
