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

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