Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
Sebi gives green signal to Zomato for $1-B IPO
The Securities and Exchange Board of India (Sebi) has given its green signal to online food aggregator Zomato's initial public offering (IPO) worth over USD 1 billion. Zomato will raise around INR 7,500 crore from the public offer via fresh issuance of equity shares. The company intends to use over INR 5,500 crore from the proceeds for organic and inorganic growth opportunities.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.