• PYMNTS
• 22 Feb, 2021

Zomato’s current valuation at the primary pre-IPO phase is $5.4 billion, which is a large increase from its December value of $3.9 billion, the report stated. Kora Management led the round with $115 million, and Fidelity Management and Research put in $55 million while Tiger Global Management put in $50 million, according to the report. There were also new investors, including Bow Wave Capital, which contributed around $20 million, and Dragoneer Investment Group, which put in about $10 million.
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