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ZOMATO FUNDING HISTORY
Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...- Eternal Q4 revenue, profit surge on Blinkit boostEternal, which runs Zomato and Blinkit, saw its March quarter revenue surge threefold and net profit rise 4.5 times. Quick commerce margins...
- Gautam Duggad on why midcaps will keep beating Nifty and his top bets for FY27Gautam Duggad of Motilal Oswal Financial Services anticipates a sharp earnings slowdown in the fourth quarter. He strongly recommends PSU b...
- Oracle layoffs hit India hard; Qcomm apps print ad moneyIndia bore the brunt of Oracle’s latest global layoffs amid rising automation. This and more in today’s ETtech Top 5.
- Hot stocks: Brokerage views on Zomato, IndusInd Bank, Varun Beverages and Asian PaintsGlobal brokerage CLSA has maintained its Outperform rating on Zomato with a target price of Rs 283.90/share. Zomato remains CLSA's top pick...
- Be wary of Zomato, Swiggy dine-in schemes, restaurant body NRAI tells membersA statement issued by Ant Group-backed Zomato said the company’s new dining product has been live in Hyderabad for a few weeks with great r...
- Paytm gets Sebi approval to launch India’s biggest IPOPaytm can now launch its Rs 16,600-crore IPO after incorporating observations that the capital markets regulator may have made in its draft...
- Zomato’s IPO offer delivers record fees to bankersThey took home ₹229 crore, or 2.44% of the issue, in fees, a record in both actual and percentage terms. The previous record was in 2007 by...
- Market Movers: ITC’s once-in-a-blue-moon move brings more joy than Zomato listingITC shares surged 2.5 per cent in today’s trade, which was apparently enough to overshadow 65 per cent listing day gains seen by Zomato, if...
- Zomato's special deliveryFood delivery and restaurant discovery platform Zomato made history today by becoming the first Indian startup unicorn to launch a domestic...
- Zomato IPO to launch on July 14. All the detailsThe Zomato IPO aims to raise Rs 9,375 crore by issuing shares in a price band of Rs 72-76 apiece, thus pegging the foodtech startup's valua...
- Five takeaways from Zomato's IPO filingIt is expected to be one of the largest initial public offerings ever for an Internet startup in India
- Zomato files for $1.11 billion IPO as food delivery surges in pandemicZomato reported Rs 1,367.65 crore in revenue for the period April 1 to Dec 31, 2020, while its losses in the same period added up to Rs 684...
- Zomato files IPO draft papers, to raise Rs 8,250 croreZomato’s IPO is one of the most awaited in recent capital market history given that it will be among the first technology unicorns to be li...
- Zomato IPO: Info Edge to sell stake worth Rs 750 crore via OFSInfo Edge will sell stake worth Rs 750 crore in the IPO of the food delivery aggregator, the company said in an exchange filing.
- Zomato set to close $500 million pre-IPO funding roundWith the fresh capital, Zomato is expected to have a valuation of $5.5 billion and $1 billion in cash as it inches closer to an initial pub...
- Zomato eyes IPO by first half of 2021 as Tiger Global, others join roundFor Zomato, the new round comes amid uncertainty surrounding the India strategy of its prominent backer — China’s Ant Financial, which hold...
- Zomato eyes IPO by 1st Half of 2021 as Tiger Global, others join round“We have no immediate plans on how to spend this money. We are treating this cash as a ‘war chest’ for future M&A and fighting off any misc...
- Zomato will go public by first half of 2021, as Tiger Global, others join financing roundFor Zomato, the new round of financing led by US and Singapore-based financial investors comes amid uncertainty surrounding the India strat...
- Naspers may partner Tencent to deliver $200 million to SwiggyThe development comes shortly after Japan’s SoftBank dropped out of talks to invest $200-250 million in Swiggy for a significant minority s...
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