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Ant Financial delivers $150 mn to Zomato at $3 bn valuation

TMT

10 January, 2020

Ant Financial delivers $150 mn to Zomato at $3 bn valuation

Food delivery company Zomato Media Pvt. Ltd has raised $150 million (Rs 1,067 crore) from existing investor Ant Financial, the...

Grapevine: Uber may invest in Zomato-UberEats; Essel may sell rest of solar to Adani

General

16 December, 2019

Grapevine: Uber may invest in Zomato-UberEats; Essel may sell rest of solar to Adani

Food delivery app Zomato is in advanced talks to buy UberEats and as part of the deal ride-hailing major Uber ......

Grapevine: Zomato frontrunner for UberEats; Mitsui, CPPIB in talks for RMZ projects

General

25 November, 2019

Grapevine: Zomato frontrunner for UberEats; Mitsui, CPPIB in talks for RMZ projects

Uber’s India food delivery business, UberEats, has been put on the block again for close to $500 million (Rs 3,583 ......

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Why India's B2B unicorns are more capital-efficient than B2C startups

TMT

15 November, 2019

Why India's B2B unicorns are more capital-efficient than B2C startups

Indian or Indian-origin technology unicorns that focus on the business-to-business segment are more capital-efficient than their...

Grapevine: Accel plans sixth India fund; Ant Financial to lead Zomato funding

General

04 October, 2019

Grapevine: Accel plans sixth India fund; Ant Financial to lead Zomato funding

Online food delivery and restaurant discovery platform Zomato is in the process of raising $600 million (about Rs 4,254 crore...

Grapevine: Alibaba to list terms for Zomato funding; SoftBank may invest in Meesho

General

12 August, 2019

Grapevine: Alibaba to list terms for Zomato funding; SoftBank may invest in Meesho

Chinese e-commerce giant Alibaba's fintech affiliate Ant Financial, which is a key shareholder in Zomato Media Pvt. Ltd, may...

Amazon plans India food delivery service in tie-up with Narayana Murthy's Catamaran

TMT

29 July, 2019

Amazon plans India food delivery service in tie-up with Narayana Murthy's Catamaran

Amazon.com Inc is planning a foray into the burgeoning online food delivery business in India this year, two sources aware ......

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Temasek India execs on key investment factors, evaluating new platforms and more

Finance

15 July, 2019

Temasek India execs on key investment factors, evaluating new platforms and more

Singapore state investment firm Temasek Holdings is one of the most active private equity-style investors in India. The firm has ......

Zomato acquires non-profit food donation firm Feeding India

TMT

10 July, 2019

Zomato acquires non-profit food donation firm Feeding India

Zomato Media Pvt. Ltd has acquired non-profit food donation startup Feeding India, the food delivery and restaurant search firm’s...

Grapevine: GIC, 5 PE firms in race for CitiusTech; Goldman, SSG eye stressed assets

General

06 June, 2019

Grapevine: GIC, 5 PE firms in race for CitiusTech; Goldman, SSG eye stressed assets

Singapore sovereign wealth fund GIC Pte. Ltd and five private equity firms have entered a second round of negotiations to ......

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