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Zomato Raises Rs 8,500 Crore via QIP to Grow Quick Commerce Business

Zomato Raises Rs 8,500 Crore via QIP to Grow Quick Commerce Business

Zomato Limited, a leading foodtech company, has raised Rs 8,500 crore through a Qualified Institutional Placement (QIP) of equity shares, marking its first major fundraising since its 2021 IPO.