Zomato Closes $660 Mn Funding Round With 10 New Investors On Board

Zomato has raised the round at a post-money valuation of $3.9 Bn

The company has also provided liquidity worth $30 Mn to ex-employees, Zomato CEO Deepinder Goyal announced

Tiger Global, Kora Capital, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae, and Steadview are among the new investors

Adding to the pile of capital it had already raised this year, Zomato has announced the closing of a $660 Mn round with 10 new investors joining the company’s cap table. Cofounder and CEO Deepinder Goyal announced on Twitter that Tiger Global, Kora Capital, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae, and Steadview are among the new investors, many of whom had already been announced as investors in the company in past months. Zomato has raised the round at a post-money valuation of $3.9 Bn.

Beyond the fundraise, the CEO also said the company is in the process of closing another $140 Mn secondary transaction for further funding. “As part of this transaction, we have…

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