Back

Anonymous

Zomato's shareholders have approved the plan to Rs 8,500 crore through a QIP. 99.8% of the shareholders have voted in favour of the fundraise.They have also approved setting up an ESOP trust and giving an interest-free loan to the trust.

Anonymous

Anonymous 4

Hey I am on Medial • 4m

Raising Rs 8,500 crore through QIP could significantly fuel Zomato’s plans, whether it’s for acquisitions, expanding services, or strengthening its position in the market. It’s all about scaling up

0 replies

More like this

Recommendations from Medial

gray man

I'm just a normal gu... • 22d

Singapore's government-owned private equity firm, Temasek, has agreed to acquire a 10% stake in Haldiram Snacks Pvt Ltd for ₹8,500 crore. This investment marks a significant move in India's thriving snack and packaged food industry, further strengt

See More
0 replies6 likes
Image Description
Image Description

Vaibhav Babruwan Shingde

Student • 5m

• Zomato is planning to raise about ₹8,500 crore through a Qualified Institutional Placement (QIP) to grow its quick delivery service, Blinkit. This money will help the company open more dark stores and improve delivery services. • Zomato's quick d

See More
8 replies7 likes
Image Description

Khushal Ojha

Driven by Innovation... • 5m

Exciting times at CALQUE as we’re scaling up! 🚀 We’re building innovative solutions to make borrowing and lending more secure and trustworthy for all. As we grow, we’re focused on expanding our team, strengthening partnerships, and bringing our app

See More
1 replies2 likes
Image Description
Image Description

Naman Kapoor

🎒 • 1m

Why Zomato’s Name Change to "Eternal" is a Game-Changer! Zomato is now Eternal Ltd, and here’s why it’s a smart move: ✅ Beyond Food Delivery – Zomato isn’t just about food anymore! With Blinkit (quick commerce), Hyperpure (restaurant supplies), a

See More
3 replies8 likes
Image Description
Image Description

Only Buziness

Business enthusiasti... • 1m

Case Study: Rare Rabbit -mini pack Introduction Founded in 2015, Rare Rabbit quickly became a $300M brand by offering European-inspired designs with Indian fits, high-quality fabrics, and an exclusive experience. How Rare Rabbit Built Its Identi

See More
7 replies4 likes
1
Image Description
Image Description

Bhawesh

Be the change • 4m

PVR Cinemas Overview 1. Foundation (1997): Established as a joint venture between Priya Exhibitors (Ajay Bijli) and Village Roadshow, with its first multiplex in Delhi. 2. Growth: Introduced India's first multiplex culture; became a leader with in

See More
5 replies12 likes

financialnews

Founder And CEO Of F... • 13d

AI startup Fractal announces strategic investment of $20 mn in Asper.ai AI startup Fractal, a global provider of enterprise AI solutions and services, today announced a $20 million strategic investment in one of its product companies, Asper.ai, a pur

See More
0 replies2 likes

Himanshu shore

Shreeji farms • 8d

my self himanshu shore from shreeji farms 🚀 Scaling Freshness Since 1999 – Join Our Growth Journey! For 25+ years, we’ve built a trusted grocery business delivering farm-fresh fruits & vegetables both online & offline. Now, we’re expanding our B2

See More
0 replies2 likes

Sairaj Kadam

Entrepreneur |Founde... • 7m

The Hidden Costs of Scaling: What Startups Often Overlook Hey everyone, Let’s chat about scaling. We often get excited about expanding our startups—new customers, new products, and more revenue. But, scaling isn’t just about the big wins; there are

See More
0 replies3 likes
Image Description

Vikas Acharya

Building WelBe| Entr... • 2m

Startup basics Day 7: Scaling Your Business Welcome to the final day of the Startup Knowledge Series! You’ve come so far—from crafting your MVP to marketing it, finding customers, and iterating based on feedback. Now, it’s time to talk about scaling

See More
2 replies15 likes
5

Download the medial app to read full posts, comements and news.