: Wednesday, April 28, 2021, 11:11 AM IST
Zomato files for Rs 8,250 crore IPO; Info Edge to sell stake worth Rs 750 cr
Zomato IPO
Zomato, the online food delivery platform, has filed for an Initial Public Offering of up to Rs 8,250 crore as as consumers increasingly turn to ordering food online during the COVID-19 pandemic. Draft papers submitted to the market regulator showed,
Reuters said in a report.
In a regulatory filing, Info Edge said, The Board of Directors of the Company today considered and have given their approval to the company to participate in the said Offer for Sale of up to such number of shares of Zomato Ltd as would aggregate up to Rs 7,500 million., it added.
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