Zomato raises $40 M funding led by Glade Brook Private Investors
Gurugram-based foodtech unicorn Zomato has raised $40 million funding led by US-based private investors Glade Brook, according to the company's filings with the Registrar of Companies (RoC). This fund...
- This fund raise is reported to be a part of a larger $1 billion round Zomato is raising from existing investor Ant Financials and new investors.
- Deepinder Goyal, Co-founder and CEO, Zomato and Gaurav Gupta, COO, ZomatoAlso read: Swiggy makes first acqui-hire of the year with AI startup Kint.ioHowever, rival Swiggy has already raised $1 billion funding led by Naspers and other existing investors.
- Last year, Zomato announced its entry in the B2B foodtech space by acquiring TongueStun, a Bengaluru-based online caterer and office canteen aggregator.
- This week, Swiggy announced that it has acqui-hired Kint.io, a Bengaluru-based AI startup.