Ant Financial has returned to put another $210m into Zomato, after purchasing $200m worth of primary and secondary stock in the food delivery company earlier this year.
India-based online restaurant listing and food delivery service Zomato has secured a $210m commitment from Ant Financial, the financial services affiliate of e-commerce group Alibaba, according to a regulatory filing.
Founded in 2008, Zomato operates an online platform that enables consumers to order food, review and post photos of dishes from some 1.2 million restaurants across 24 countries.
The confirmation of Ant Financial’s investment follows reports last month that the corporate was set to participate in a $400m funding…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
