Zomato files for IPO, plans to raise Rs 8,250 crore Info Edge has approved sale of the firm's stake worth Rs 750 crore in Zomato during the IPO BusinessToday.In | April 28, 2021 | Updated 13:03 IST Zomato plans to launch an IPO in the first half of this year, as per an internal email sent by founder and CEO Deepinder Goyal to the company's employees last year Food delivery startup Zomato,backed by Ant Group, has filed for an initial public offering of up to Rs 8,250 crore ($1.11 billion), draft papers submitted to the market regulator showed on Wednesday. Zomato plans to launch an IPO in the first half of this year, as per an internal email sent by founder and CEO Deepinder Goyal to the company's employees last year. The food-tech giant has been on a fundraising spree to fund the fresh issue, raising around $910 million from a bevy of investors throughout 2020 and early 2021. Zomato's valuation presently stands at $5.4 billion.