After a fresh fund investment by Scotland-based Pacific Horizon Investment Trust, Zomato's estimated valuation stands at $3.25 billion bringing it closer to Swiggy's $3.6 billion valuation, Entrackr reported. In January, Zomato had raised $150 million from Ant Financial, a subsidiary of Alibaba Group, at a $3 billion valuation. In terms of valuation, Swiggy is now $350 million ahead of Zomato.