Zomato will go public by next year as others join financing round

Online food-delivery and café discovery application Zomato has roped in New York-based Tiger Global as a component of its current raising support round, its prime supporter and CEO, Deepinder Goyal, said in an email to representatives. Goyal included that the Gurgaon-put together firm is with respect to course to tap the open business sectors by mid of one year from now.

“We have collected a great deal of cash, and today, our money stashed away, around $250 million, is like never before in our history. Tiger Global, Temasek, Baillie Gifford and Ant Financial have just partaken in our current round, and there are all the more large names joining the round we estimate that our current round will wind up with us at $600 million in the bank very soon” ET has evaluated the email sent by Goyal to workers.

On September 3, ET detailed that Zomato has piled on around $250 million from new financial specialists like Tiger and Kora Capital in an ongoing funding round esteeming the platform at around $3 billion, as indicated by individuals mindful of the turn of events.