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Zomato raises $1 bn via QIP; Motilal Oswal, ICICI Prudential among big domestic investors

Zomato raises $1 bn via QIP; Motilal Oswal, ICICI Prudential among big domestic investors

Zomato had launched its Qualified Institutional Placement (QIP) issue on 25 November, which closed on 28 November  New Delhi: Food delivery aggregator Zomato has raised Rs 8,500 crore by selling equity shares to qualified institutional investors, mainly domestic mutual fund houses, to fund its expansion and growth plans. Zomato, which also owns quick-commerce firm Blinkit, […]

The post Zomato raises $1 bn via QIP; Motilal Oswal, ICICI Prudential among big domestic investors appeared first on India Retailing.

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