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Zomato’s investors won’t exit In $1 Bn IPO, says Founder Deepinder Goyal

Megha Jain

Content Head
Image Credit: shortpedia

Indian foodtech unicorn Zomato is expected to raise $750 Mn to $1 Bn through its planned Initial Public Offering (IPO) this year. According to report, the amount will be raised without any investor exiting or selling their shares in the company. The company’s cofounder and CEO Deepinder Goyal reportedly told employees this week that the IPO will most likely be a 100% primary offering