 "Zomato CEO Deepinder Goyal")
Food delivery giant Zomato has closed a $660 million primary financing round at a post-money valuation of $3.9 billion. This is an increase from its previous valuation of $3.6 billion. Ten new investors are joining the Gurugram-based unicorn. This list includes Tiger Global, Kora, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae, and Steadview.
“On top of this $660 million, we are in the process of closing a $140 million secondary transaction,” tweeted Zomato co-founder and CEO Deepinder Goyal on Friday night. “As part of this transaction, we have already provided liquidity worth $30 million to our ex-employees.”
He said
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