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Zomato: Notches $150M In Funding From Ant Financial | Fintech InShorts: Latest fintech news, analysis by experts

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Zomato: Notches $150M In Funding From Ant Financial

By Steve Sam

January 11, 2020

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

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