https://www.reuters.com/article/us-zomato-ipo/zomatos-1-3-billion-india-stock-offering-draws-strong-investor-appetite-idUSKBN2EM0NP

A $1.3 billion stock offering by Indian food delivery startup Zomato, backed by China's Ant Group was almost eight times oversubscribed before the offer closed later on Friday, as investors placed bets on a fast-growing sector.