Posted inIndia

India delivery giant Zomato kicks off $1.3bn IPO

Food delivery giant Zomato on Wednesday launched its much-anticipated IPO to raise 93.75 billion rupees (US$1.3 billion), India’s biggest this year and the first of a series of public listings by tech unicorns. Zomato – which counts subsidiaries of Uber and Jack Ma’s Ant Group among its existing shareholders – is one of the country’s hottest […]