Dais Newsfeed | 19/12/2020 09:52 AM | Click to read full article
Zomato has announced the closing of a $660 Mn round with 10 new investors joining the company’s cap table. Zomato has raised the round at a post-money valuation of $3.9 Bn.
Beyond the fundraise, the CEO also said the company is in the process of closing another $140 Mn secondary transaction for further funding. “As part of this transaction, we have already provided liquidity worth $30 Mn to our ex-employees,” Zomato’s chief added.