Zomato’s Rs 9,375 cr IPO on July 14, Sees Rs 64,000-cr post-money valuation

Zomato chief financial officer Akshant Goyal said at the virtual IPO briefing on Thursday that the post-money valuation of the company will be about Rs 64,000 crore at the top of the price band of Rs 72-76 per share. The firm was last valued at over Rs 41,000 crore in February when it raised Rs 1,870 crore from Kora Management, Tiger Global, Fidelity, Dragoneer and Bow Wave.

from Markets-Economic Times https://ift.tt/2VdduyD