Zomato will seek approval from its board on October 22 to raise additional funds through a public sale of shares to institutional investors, the food and grocery delivery company said in a filing ...
Shares of Zomato were trading lower at ₹264.95 as ... a day after the company announced that its board will consider fundraising through a qualified institutional placement (QIP) on October ...
Around mid-2022, the Zomato board was presented with a proposal to acquire Grofers, now known as Blinkit, a quick commerce company, for around Rs 4,400 crore. The board was bewildered. Why would a ...