Zomato raises $200 million from Alibabaâs payment affiliate
Food discovery and ordering startup Zomato has raised $200 million from Chinese e-commerce giant Alibaba's payment affiliate Ant Financial, filing has revealed. With this round, Info Edge would dilute its stake in the Gurugram-based startup by 6.6%, which is worth $50 million. The deal values Zomato at $1.1 billion, according to reports.