India Food Delivery Startup Zomato Is Said to Plan IPO Filing Next Month
- Food delivery firm aims to raise about $650 million in listing
- Indian company could go public in Mumbai by end of September
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Zomato Pvt, an Indian food delivery startup backed by Jack Ma’s Ant Group, is planning to file the draft prospectus by April for its initial public offering that could raise about $650 million, according to people familiar with the matter.
The company could complete the listing in Mumbai before the end of September, the people said, asking not to be identified as the information is private.