Food delivery giant Zomato files for USD 1.11 billion IPO

In what would become the first high-profile public listing by a consumer internet startup in India in a decade, food delivery giant Zomato has filed a draft red herring prospectus (DRHP) with markets regulator SEBI on Wednesday. In its filing, the Tiger Global and Ant Group-backed firm said it plans to raise INR 82.5 billion (USD 1.11 billion) by putting…
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