Zomato has raised ₹1,452.4 crore ($195 million) from six investors, the food-aggregator's biggest shareholder Info Edge announced. The investors include Kora Management, Luxor Capital Group, Mirae Asset, Steadview Capital, Bow Wave Capital Management and Baillie Gifford. With these investments, Zomato's valuation has risen to ₹26,818 crore (₹3.6 billion). Resultantly, Info Edge's shareholding in Zomato has now reduced to 20.8%, the company said in a filing. Of the $195 million, $60 million came from Luxor Capital Group; $50 million from Kora Management; $40 million from Mirae Asset, $20 million from Steadview Capital; $20 million from Bow Wave Capital Management; and $5 million from Baillie Gifford. The food delivery platform is currently looking to go public in 2021, an objective that was reiterated in a recent call with investors. The company has experienced significant challenges because of the COVID-19 pandemic. However it expects delivery revenue…
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