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Zomato raises $40 million at $2 billion valuation
short by Kanishka Pandey / on Wednesday, 6 February, 2019
Online food delivery startup Zomato has raised about $40 million (about ₹284 crore) at a valuation of around $2 billion from US-based investor Glade Brook Capital Partners, regulatory filings revealed. It is part of a larger Series I funding round, which began with a $210-million investment led by Alibaba affiliate Ant Financial in November 2018.
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