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Zomato raises $60M from Temasek & Vy Capital

Update: According to this BSE filing (pdf), Info Edge's stake in Zomato after this round of funding is down to 47% as the organization did not participate in this round. Zomato has raised $60 million in a round of funding from Temasek and existing investor Vy Capital. The platform will use the funds to invest in its new businesses such as online ordering, table reservations, point of sales, and the whitelabel platform. Overall, Zomato has raised over $225 million across multiple rounds until now. It had earlier raised $50 million from InfoEdge and other investors in April this year, of which InfoEdge invested an amount Rs 1.55 billion (~$24.8 million), while the rest was invested by undisclosed investors. Other investments in the platform include a  $60 million round co-led by Vy Capital and existing investor Info Edge in November last year, $37 million from Info Edge and Sequoia Capital in November 2013, Rs 55 crore from Info Edge in Feb 2013, Rs 12.86 crore from Info Edge in September 2012, Rs 13.5 crore from Info Edge in September 2011 and Rs 4.7 crore in 2010. Interestingly, the company went on an acquisition spree after raising funds the last few times, and has only recently let up after reaching most major markets across the world. Some of its acquisitions include - Turkey’s restaurant search service Mekanist for an undisclosed amount in an all-cash deal in January. - The same month, it acquired UrbanSpoon for $52 million to enter Australia & United…

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