Info-tech

Zomato raises USD 160 mn in funding from Tiger Global, MacRitchie Investments

PTI New Delhi | Updated on September 10, 2020 Published on September 10, 2020

Info Edge said its investee company Zomato has raised $160 million (about ₹1,173 crore) from Tiger Global and Temasek Holdings’ subsidiary, MacRitchie Investments, valuing the online food ordering platform at $3.3 billion.

“Zomato Pvt Ltd has closed a primary fund-raise of $100 million from Tiger Global Management, LLC (through its investment vehicle Internet Fund VI Pte Ltd and/or any of its affiliates), and $60 million from MacRitchie Investments Pte Ltd, an indirect wholly-owned subsidiary of Temasek Holdings and/or any of its affiliates,” Info Edge said in a regulatory filing.

 

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Published on September 10, 2020
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