Indian food delivery unicorn Zomato to hire bankers, appoints legal advisors for IPO

Indian food delivery unicorn Zomato to hire bankers, appoints legal advisors for IPO

Photo: Mint

Food delivery unicorn Zomato, which is gearing up to go public in 2021, is in the process of hiring bankers and has appointed Cyril Amarchand Mangaldas and Indus Law as legal advisors, said a person familiar with the development.

If the Gurugram-based startup pulls off the IPO, it will join the likes of MakeMyTrip, which listed on NASDAQ in 2010, and Zomato’s single-largest shareholder Info Edge India Ltd, which was listed on BSE in 2006.

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