News > Zomato Raises $195 Million From Six Investors At $3.6 Billion Valuation

Zomato Raises $195 Million From Six Investors At $3.6 Billion Valuation

E-News | 13/11/2020 10:11 PM | Click to read full article

Indian food delivery startup Zomato raised $195 million from six investors, including U.S.-based hedge funds Kora Management and Luxor Capital, according to a regulatory filing on Friday.

The fundraising values the company, one of India’s most prominent start-ups, at a post-money valuation of $3.6 billion, according to the filing by top shareholder Info Edge (India) Ltd. In September, the company raised $160 million from U.S. hedge fund Tiger Global Management LLC and a unit of Singapore’s Temasek Holdings.