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Zomato in talks with Swiggy for a merger: Report
short by Shifa Naseer / on Wednesday, 1 November, 2017
Gurugram-based food discovery and ordering startup Zomato is in talks for a merger with its Bengaluru-based rival Swiggy, according to reports. While Zomato has reportedly proposed a stock-based merger, Swiggy is looking to acquire the online food delivery arm of Zomato. Zomato is also in talks with Alibaba's payments firm Ant Financial to raise $200 million.
read more at Inc42 Media