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Ex-Foodpanda India parent leads ₹440 crore funding in Zomato
short by Kanishka Pandey / on Thursday, 28 February, 2019
Gurugram-based Zomato is raising over ₹440 crore in a new funding round led by Naspers-backed German foodtech major Delivery Hero, which is investing around ₹350 crore. Africa's largest conglomerate Naspers led a $1-billion fundraising round of Zomato-rival Swiggy in December 2018. Further, Ola Cabs had acquired Foodpanda India from Delivery Hero in 2017.
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