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New Deal


Announced

Ant Financial to invest $150m in Zomato at $3bn valuation.

Financials

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Transaction Value£114m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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food delivery platform

Acquisition

Private

Friendly

E-commerce

Minority

Pending

India

food delivery services

Single Bidder

Private Equity

Synopsis

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Ant Financial, a FinTech company is set to invest $150m in online food delivery services provider Zomato at $3bn valuation. "This is to inform you that Zomato Media has signed a definitive agreement to undertake a primary fund raise of up to $150 m from Antfin Singapore Holding (which is an existing shareholder of Zomato) and/or any of its affiliates. The transaction values Zomato at a pre-money valuation of $3 billion," Zomato.

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