Zomato raises $195 million in funding from 6 investors, valuation touches $3.6 billion

Info Edge on Friday said its investee company Zomato has raised $195 million (about Rs 1,455.4 crore) in funding from six investors including Luxor, Kora and Steadview, valuing the online food ordering platform at $3.6 billion.

“Zomato Pvt Ltd has closed a primary fundraise of $195 million from six different investors…The transactions valued Zomato at a post-money valuation of $3.6 billion,” Info Edge said in a regulatory filing.

Upon closing of the fundraise, Info Edge’s shareholding in Zomato shall stand reduced to about 20.8 per cent on fully converted and diluted basis, it added.

Comments from Zomato could not be elicited immediately.

Of the $195 million, $60 million was raised from Luxor Capital Group LP, through its different investment vehicles.