Zomato valued at $2.5 billion by Morgan Stanley
Restaurant discovery and food ordering startup Zomato has reportedly been valued at $2.5 billion by American financial services company Morgan Stanley's research unit. The valuation is almost three times Zomato's valuation from its last funding round, according to reports. This comes months after it was reported that Zomato is in talks with Alibaba's affiliate Ant Financial to raise funding. n