Five investors are Kora, Fidelity, Tiger Global, Bow Wave and Dragoneer.
Zomato is preparing for its IPO later this year.
New Delhi: Foodtech unicorn Zomato has raised $250 million (around Rs 1,800 crore) in a new funding round from five different investors.
The transactions valued Zomato at a post-money valuation of $5.4 billion, Info Edge, a publicly listed investor in Zomato, disclosed in a filing to National Stock Exchange of India on Monday.
The new valuation marks an increase from $3.9 billion valuation of Zomato in December.
The five investors who have pumped money in the new round are Kora (which contributed $115 million), Fidelity ($55 million), Tiger Global ($50 million), Bow Wave ($20 million) and Dragoneer ($10 million).
Zomato raises $250 million from 5 different investors
Zomato raised $115 million from Kora Management, $55 million from funds or accounts advised or sub-advised by Fidelity Management & Research Company LLC.
BusinessToday.In | February 22, 2021 | Updated 23:31 IST
The transactions valued Zomato at a post-money valuation of $5.4 billion.
Food delivery platform Zomato has raised $250 million from five different investors as part of a primary fundraising round.
The transactions valued Zomato at a post-money valuation of $5.4 billion, Info Edge, which holds a stake in the company, said in a regulatory filing. Info Edge s stake in the company stands at 18.4 per cent after the fundraising round.
Zomato raised $115 million from Kora Management LP, $55 million from funds or accounts advised or sub-advised by Fidelity Management & Research Company LLC and its affiliates, $50 million from Tiger Global Management, LLC, $20 million from Bow Wave Capital Management, LP and $10