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

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 fund raise, Info Edge’s shareholding in Zomato shall stand reduced to about 20.8% on fully converted and diluted basis, it added.

Comments from Zomato could not be elicited immediately.