Zomato Delivery Partners
Caproasia.com | The leading source of data, research, information & resource for financial professionals, institutional investors, professional investors and private investors (UHNWs, & HNWs). Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.





Indian Food Delivery Zomato IPO in India at $8 Billion Market Value, Rising 65% on Day 1

30th July 2021 | Singapore

Indian food delivery Zomato has IPO in India with a market value of $8 billion (76 rupees), opening 52.6% higher with a market value of $12 billion (116 rupees) and rising 65% (126 rupees) to $13 billion market value on day 1.  Zomato is backed by Ant Group, raising $1.26 billion in the IPO that is 38 times oversubscribed, and is listed on 2 India’s largest stock exchange –  National Stock Exchange of India and BSE.  The lead managers for Zomato’s IPO are Kotak Investment Banking, Morgan Stanley & Credit Suisse and the book runners are Bank of America and Citi.  With the IPO, founders Deepinder Goyal (CEO) has an estimated net worth of $700 million and Pankaj Chaddah (COO) has an estimated net worth of $300 million. (IPO ~ Initial Public Offering)

” Indian Food Delivery Zomato IPO in India at $8 Billion Market Value, Rising 65% on Day 1 “

 


Indian Food Delivery Zomato

Zomato Delivery Partners
Zomato Delivery Partners

Zomato was founded in 2008 as Foodiebay by Deepinder Goyal and Pankaj Chaddah.  In 2010, Foodiebay was renamed to Zomato and quickly grew to become one of India’s largest food delivery and restaurant aggregator.  Today, Zomato is in 525 cities in India and partner with 390,000 restaurants. 

For the year ending March 2021, Zomato reported revenue of $394 million and net loss of $293 million. 

With the IPO, founders Deepinder Goyal (CEO) has an estimated net worth of $700 million and Pankaj Chaddah (COO) has an estimated net worth of $300 million.

 

Billionaires:

IPOs



Caproasia.com | The leading financial website for financial professionals, professional investors and HNW investors. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Quicklinks: Caproasia Access | TFC | Caproasia | Jobs

Join 14,000+ leading financial professionals and professional investors in Asia. Stay ahead of your peers & competition.
For press release, email to press@caproasia.com
For editorial, media kit, listing on TFC, events, seminars or research & data services, email to mail@caproasia.com


Previous articleChina Crackdown Intensify, Changes to Tech Companies & Education Sector to Non-Profit with Share Prices Dropping 40% to 80% 
Next articleCredit Suisse Report: Archegos Family Office Had $120 Billion Total Exposure
Caproasia.com covering capital markets, investments and private wealth in Asia. Our users manage, advise & invest $25 trillion assets in Asia