Zomato has raised $195 million from six investors at a $3.6 billion valuation. Luxor Capital and Kora Management invested $60 million and $50 million, respectively.
This year Zomato acquired the Indian business unit of Uber Eats in an all-stock deal that will give the ride hailing company 9.99 per cent stake in Zomato.
Comments from Zomato could not be elicited immediately. $50 million came from Kora Management, through its investment vehicle Kora Investments I and/or any of its affiliates, the filing said.
Mirae Asset, through its investment vehicle Mirae Asset, Naver Asia Growth Investment, and/or any of its affiliates, invested $40 million, it added.
Steadview Capital and Bow Wave Capital Management LP each invested $20 million, while $5 million came from Baillie Gifford & Co, through its investment vehicle Pacific Horizon Investment Trust and/or any of its affiliates, the filing said.
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