US-based Investment Firm Kora to Invest Rs 380 Crore in Zomato
Food delivery company Zomato has attracted investments worth Rs 380 crore from US-based investor Kora Investments. Reportedly, the company granted 12,656 Class J5 preferential dividend shares to Kora Investment I LLC which sums up to little more than a percent's stake. Earlier, in the first half of 2020, the had company received investments from the US and Singapore based investors. Currently, the company is valued at USD 3.3 billion.
Tags: ZOMATO, Kora Investments
Courtesy: LiveMint