India: Delivery Hero said to be leading $62m funding in Zomato

Photo: Zomato

A clutch of investors led by Foodpanda’s German parent Delivery Hero are investing around $62.25 million in food-tech startup Zomato’s  latest funding round, according to a VCCircle report quoting regulatory filings.

The news comes close on the heels of US investor Grade Book Capital Partners investing Rs 284 crore ($40 million) in the Gurgaon-based company. The investment was a part of the Zomato’s Series I round, where it raised $210 million from existing Chinese investor Ant Financial in October last year.

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