Life Insurance Corp. Of India is likely to invest in Zomato
Zomato, the online food delivery platform, goes public this week
LIC is expected to bid for shares in the upcoming IPO
Zomato’s valuation has surged from $5.4 bn in January to over $8 bn in June
The coronavirus pandemic encouraged the growth of online platforms
Zomato looks to raise as much as Rs 9,375 cr in the public issue
LIC’s investment committee will make the final decision after a meeting
