Nomura hikes food-tech startup Zomato’s valuation to ₹9,000 crore
This news comes at a time when the food-tech startup is in talks with Alibaba's Ant Financials to raise a new funding round.
This news comes at a time when the food-tech startup is in talks with Alibaba's Ant Financials to raise a new funding round.
Runnr will continue to operate as an independent entity while co-founder and CEO Mohit Kumar, along with the rest of the founding team will continue to run the business.
Zomato is reportedly in advanced talks with Alibaba and its finance arm Ant Financial (Ali Pay) to raise around ₹1280 ($200 million) funding. The deal could value Zomato at around…
BookMyShow recently announced about their acquisition with Mumbai-based local food and restaurant recommendation engine Burrp.
Gurgaon-based startup, Zomato has narrowed its loss from ₹590.1 Crore to 389 Crore in the financial year 2016-17.
Swiggy, a food-delivery platform has raised ₹500 Crore ($80 million) of funding in a round led by Naspers to counter the rival Zomato.
Zomato has agreed to acquire Runnr at a valuation of ₹250 crores. The transaction has valued Zomato at ₹5000 crores.
Prominent hacker with screen name Nclay has hacked into Zomato database and put the data for sale including user name and password of 17 million users.
UberEats and Zomato are both in talks with delivery startup Runnr for an acquisition. Acquiring Runnr will add a fleet of experienced and trusted delivery professionals.
Zomato is reportedly in talks with food-delivery startup Runnr. It is expected to be all-stock deal worth ₹125 crores (20 million).