Zomato raised $660 mn funding round with 10 new investors on board

Zomato raised a $660 mn more with 10 new investors joining the company’s cap table. Cofounder and CEO Deepinder Goyal tweeted that Tiger Global, Kora Capital, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae, and Steadview are among the new investors.

Besides this, the CEO also said the company is in the process of closing another $140 mn secondary transaction for further funding. “As part of this transaction, we have already provided liquidity worth $30 Mn to our ex-employees,” he added.

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