Foodtech Unicorn Zomato becomes a public limited company
It has been renamed to ‘Zomato Limited’ as part of the Pre-IPO exercise
Zomato considers filing the Draft Red Herring Prospectus (DRHP) with SEBI
The foodtech unicorn might go public later this year
Zomato has been raising capital from new and existing investors to build a war chest of $1 Bn before IPO
To date, the company has raised over $2.1 Billion
Zomato finalised Kotak Mahindra Bank, Morgan Stanley, Citi Bank, Credit Suisse and Bank of America as bankers for IPO