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Ant-backed Zomato soars in India market debut to $12 billion valuation

Home / Stock Analysis / Ant-backed Zomato soars in India market debut to $12 billion valuation
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Ant-backed Zomato soars in India market debut to $12 billion valuation

23 Jul Stock Analysis

July 23, 2021
By Anuron Kumar Mitra and Chandini Monnappa
BENGALURU (Reuters) -Food delivery firm Zomato Ltd shares nearly doubled in value in debut trading on Friday, in the first stock market listing of an Indian startup valued at more than $1 billion.
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