Ant-backed Zomato's stellar debut sets pace for other Indian tech listings
https://www.reuters.com/article/us-zomato-listing/ant-backed-zomatos-stellar-debut-sets-pace-for-other-indian-tech-listings-idUSKBN2ET08B
BENGALURU (Reuters) -Indian food delivery firm Zomato Ltd surged 65.8% in its stock market debut on Friday, giving the startup a valuation of 988.49 billion rupees ($13.28 billion) and setting the stage for other domestic startups that are waiting in the wings with listing plans of their own.
Ant-backed Zomato's stellar debut sets pace for other Indian tech listings
Jul 23, 2021, 12:43pm UTC
https://www.reuters.com/article/us-zomato-listing/ant-backed-zomatos-stellar-debut-sets-pace-for-other-indian-tech-listings-idUSKBN2ET08B
>BENGALURU (Reuters) -Indian food delivery firm Zomato Ltd surged 65.8% in its stock market debut on Friday, giving the startup a valuation of 988.49 billion rupees ($13.28 billion) and setting the stage for other domestic startups that are waiting in the wings with listing plans of their own.