Zomato shares rise 6% as it announces investment in Curefit, Magicpin

Shares of Zomato surged nearly 6% on Thursday, a day after it announced investments in Shiprocket, Magicpin and fitness startup Curefit. Zomato has reported a ₹1,024.2-crore revenue in the September-quarter, up from ₹426 crore a year earlier. It is investing ₹558 crore in Shiprocket and ₹372 crore in Magicpin and picking up stakes in the startups.