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Zomato raises USD 1 bn via QIP
Zomato raises USD 1 bn via QIP; Motilal Oswal, ICICI Prudential among big domestic investors
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 Raises USD 1 Billion via QIP: Motilal Oswal, ICICI Prudential Invest
Zomato raises Rs 8,500 crore through QIP, led by domestic investors like Motilal Oswal and ICICI Prudential, to fuel expansion and growth.
Zomato raises Rs 8,500 crore via QIP, Motilal Oswal emerges as biggest domestic investor
Zomato raised Rs 8,500 crore through QIP by issuing and allotting 33 crore equity shares at an issue price of Rs 252.62 per share. The company's board approved this fundraising initiative, which was announced last month.
Zomato raises Rs 8,500 crore through QIP from domestic investors
The company's board, in a meeting held on November 29, approved the issue and allotment of 336,473,755 equity shares at an issue price of Rs 252.62 per share
Zomato Raises Rs 8,500 Crore from Institutional Investors To Fuel Growth
The company opened its Qualified Institutional Placement (QIP) issue on November 25, which closed on Thursday.
Zomato raises ₹8,500 crore via QIP at ₹252.62 per share to bulk up cash reserves
Zomato believes it needs to enhance its cash balance given the competitive landscape, with rivals Swiggy and Zepto gearing up to stay in the competition.
9h
Zomato raises $1B in first major fundraise since 2021 listing
Indian food delivery app Zomato has raised $1 billion from institutional investors, completing its first major fundraise ...
35m
on MSN
Big challenge for Swiggy as Zomato raises Rs 8500 crore in first fundraise since...
India's leading multinational restaurant aggregator and food delivery company Zomato has raised $1 billion (Rs 8,500 crore) ...
devdiscourse
5h
Zomato's Massive Fundraise: A New Era of Expansion
Food delivery giant Zomato raises Rs 8,500 crore through a Qualified Institutional Placement issue to fund its expansion ...
2h
Zomato raises Rs 8,500 crore; subsidy package for electronics
Zomato has closed its Rs 8,500 crore qualified institutional placement (QIP) mainly from domestic investors. This and more in ...
inc42
7h
Jefferies Bullish On Zomato’s ‘District’ App, Projects 17% Upside
Explaining its optimism for Zomato, Jefferies cited new use cases emerging from Zomato's going-out venture, starting with ...
2h
Zomato raises ₹8,500 crore through QIP
Zomato raises ₹8,500 crore through QIP, shares trading at ₹280.95; funds to boost growth, technology, and acquisitions.
3h
on MSN
Zomato Gold 6-month membership for Rs 30: How to avail Black Friday offer
Zomato is offering a Black Friday deal on its Gold membership, providing a 6-month subscription for Rs 30 to new users.
inc42
10h
Zomato Raises INR 8,500 Cr Via QIP At An Issue Price Of INR 252.62
Zomato has raised INR 8,500 Cr via qualified institutional placement (QIP) of 33.64 Cr equity shares at an issue price of INR ...
4h
Zomato & Paytm In F&O: Mitesh Panchal's Trading Strategy
On Friday, November 29, the NSE introduced F&O contracts for 45 additional stocks, including popular names like DMart, LIC, ...
32m
on MSN
Mumbai: THESE Bandra Kurla roads closed for Zomato Feed India Dua Lipa Concert | Details inside
Mumbai: The Zomato Feed India Concert featuring Dua Lipa on Saturday will cause road closures near Bandra Kurla Complex.
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