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(Reuters) The board of Zomato has approved a proposal to raise ₹8,500 crore via a qualified institutional placement (QIP) of shares to help the food and grocery delivery company take on ...
Zomato plans to raise up to Rs 8,500 crore via a qualified institutional placement (QIP) of equity shares, it said on Tuesday, October 22. The company's board has approved "issue of equity shares ...
Sources with knowledge of the matter told CNBC-TV18 that the company is likely to approve a fund raise worth ₹8,500 crore through its board meeting. Post the fund raising, the company will apply to ...