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Alibaba's Ant Financial may set terms for Zomato's $500 mn round
short by Kanishka Pandey / on 12 Aug 2019,Monday
Alibaba's fintech affiliate Ant Financial could reportedly set terms for a $500 million fundraising plan of foodtech major Zomato. Zomato had raised $210 million from Ant Financial last year, under which it reportedly signed an agreement to become an Ant Financial ecosystem entity. Ant Financial may reportedly force Zomato to forge a deeper alliance with its other portfolio entity, Paytm.
short by Kanishka Pandey / 03:47 pm on 12 Aug
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