Glade Brook Capital has invested $39.7m in food listings and ordering platform Zomato, adding to $210m from Ant Financial in October.
India-based online food listings and ordering platform Zomato has added Rs 2.84bn ($39.7m) from growth equity firm Glade Brook Capital to a corporate backed round that totals about $250m, the Economic Times reported today.
Ant Financial, the financial services affiliate of e-commerce group Alibaba, had provided the first $210m in October 2018. Glade Brook’s investment was revealed by a regulatory document stating Zomato had issued 13,000 series I shares to the firm.
Founded in 2008, Zomato runs an online…
