Tiger Global led a $160m Series J round in Zomato.

Tiger Global Management, a private equity firm, led a $160m Series J round in Zomato, a food delivery services provider. Tiger Global was joined by Temasek Holdings. The investment positions the company alongside its competitors, Prosus Ventures-backed Swiggy and Amazon, which has also emerged in the market, though it is currently servicing food delivery in only select suburbs of Bangalore. Furthermore, the company plans to file for an initial public offering in the first half of 2021.