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Zomato board to consider raising funds via QIP
Zomato Eyes New Funding via QIP as It Expands into New Verticals
The massive Indian foodtech company Zomato is preparing for rapid expansion as it plans to raise further funding.
Zomato to mull fund raising on Oct 22 via QIP
Zomato informed that its board is scheduled to meet on 22 October 2024 to consider the proposal of raising of funds by issuance of equity shares by way of qualified institutions placement (QIP).
Zomato board to decide on funding via QIP on October 22
Zomato will seek approval from its board on October 22 to raise additional funds through a public sale of shares to institutional investors, the food and grocery delivery company said in a filing with the stock exchanges Thursday.
Zomato board to consider raising funds via QIP on Tuesday
Food delivery platform Zomato on Thursday said its board will consider fundraising through qualified institutional placement (QIP) on October 22
Zomato board to consider raising funds via QIP ahead of Q2 results
If approved, this will be the first fundraise by the food delivery giant since its stock market debut three years ago
Zomato board to consider fundraising via QIP on October 22
Zomato's board is scheduled to meet on October 22 to discuss raising funds through a qualified institutions placement (QIP) and to announce its September quarter earnings. The company previously reported a Rs 253 crore net profit for the April-June quarter,
Zomato board to consider raising funds via qualified institutional placement on October 22
Food delivery giant Zomato on Thursday, October 17 announced that a meeting of its board of directors is slated for next week to consider raising funds via qualified institutional placement (QIP). The said meeting is slated to take place on Tuesday,
MediaNama
19h
Zomato’s QIP Plans: What It Means Amid Rising Competition with Swiggy
Zomato called for a meeting on October 22 with its shareholders to discuss the prospect of the QIP, as well as unaudited ...
cnbctv18
19h
Zomato's surprise fundraising plan raises investor questions: Experts weigh in
Zomato’s fundraising plans may seem surprising given its strong cash position, it could be a strategic move to prepare for ...
14h
Zomato’s shares skid; Lendingkart’s distress deal
Food and grocery delivery major Zomato saw its shares tumbling over 5% following its plans to raise funds through a QIP. This ...
retail.economictimes.indiatimes
18h
Zomato considers fresh funding as quick commerce battle intensifies
Zepto and Swiggy (post IPO), will potentially have a cash balance of USD 1 billion and 1.3 billion, which is largely in line ...
newsbytesapp.com
18h
Zomato considers raising ₹8,500 crore through institutional share sale
After the fund-raising, Zomato intends to approach the Reserve Bank of India (RBI) to cap its Foreign Institutional ...
1d
on MSN
Zomato to seek board nod to raise Rs 9,000 crore via QIP
Zomato will seek approval from its board on October 22 to raise additional funds through a public sale of shares to ...
57m
on MSN
Karnataka govt to levy cess on aggregator platforms like Ola, Swiggy, Zomato, Uber
The state government's draft notification for the Platform-based Gig Workers (Social Security and Welfare) Bill, 2024 ...
22h
Zomato's upcoming fund raise plan worth Rs 8,500 crore likely to get board nod, says CNBC-TV18
The food delivery aggregator's board will consider the proposal for fundraise through qualified institutions placement (QIP) ...
9h
Karnataka Plans 1-2% Transaction Fee on Aggregator Platforms like Zomato, Swiggy and More
Karnataka plans to impose a 1-2% transaction fee on platforms like Zomato and Swiggy to create a welfare fund for gig workers ...
Oneindia
3h
New Fee Alert: Karnataka Govt To Charge You for Every Transaction on Zomato, Swiggy, Zepto, and More
The Karnataka government is expected to introduce a transaction fee of 1 to 2 percent on popular aggregator platforms such as ...
Hosted on MSN
16h
Zomato QIP: Why fundraise despite Rs 10,000 crore cash on books? ‘Swiggy IPO is...’ - Karan Taurani decodes
According to Elara Securities' Karam Taurani, it is that this is like a war chest kind of a cash which can be used in the ...
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