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Zomato, India's leading food delivery company, Dissolves Step Down Subsidiary In United States

"ZUL was not a material subsidiary of the company (Zomato) and didn't have any business activity and the dissolution of ZUL will not affect the turnover/revenue of the company." Zomato said ....

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Zomato dissolves, winds up step-down subsidiary in US

Zomato USA LLC (ZUL), a step-down subsidiary of the company, has been dissolved and wound up, according to a regulatory filing on Thursday ....

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Many mutual funds are allocating big money to IPOs. Should you be worried?

Mutual funds have been betting big on IPOs in the last couple of months. The last quarter has seen big-ticket IPOs hitting the market. Some mutual fund houses have gone big on these IPOs while many others have stayed away from them. ....

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Zomato IPO Feeds India Startup Frenzy, Inspires Paytm, Flipkart, Byjus

The amount of money raised in IPOs this year has reached $8.8 billion, already surpassing the totals of the past three years though its only August. ....

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investment strategy: We will get a chance to create a basket of consumer tech cos over next 12-24 months: Hiren Ved

‘There is likely to always be an opportunity to buy some of these businesses at slightly more attractive valuations.” ....

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