Zomato: Notches $150M In Funding From Ant Financial
- As part of a fresh raise from a current investor, India’s Zomato has notched $150 million in funding
- The total valuation of the FoodTech unicorn stands at approximately $3 billion after the funding
- Zomato did not comment on how the capital would be used or on the firm’s expected valuation following the $500 million funding close
- The current funding round is part of a bigger $500 million raise for Zomato
- The firm is aiming to finish that prior to the conclusion of the quarter
- Google, STIC Investment, STIC Ventures, Lightbox Ventures and 3L Capital all participated in the round
