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New Deal


Announced

Completed

Kora led a $250m funding round in Zomato.

Financials

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Transaction Value£178m
Consideration TypeCash
Capital Owned-
Capital Bid For5%
EV/Sales16x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Minority

E-commerce

food delivery services

food delivery platform

India

Private

Venture Capital

Friendly

Cross Border

Completed

Acquisition

Private Equity

Single Bidder

Synopsis

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Venture capital firm Kora led a $250m funding round in Zomato, an Indian restaurant aggregator and food delivery start-up, with participation from Fidelity, Tiger Global, Bow Wave and Dragoneer. The funding came two months after closing a $660m Series J financing round, as the Indian food delivery startup builds a war-chest ahead of its 2021 IPO.

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