$160m Series J: Indus for Zomato, AZB for Tiger, SAM for MacRitchie

Posted on By Legal 60

Info Edge on Thursday said its investee company Zomato has raised $160 million (about ₹1,173 crore) in funding from Tiger Global and Temasek Holdings subsidiary MacRitchie Investments, valuing the online food ordering platform at $3.3 billion.

— Thehindu

Food delivery company Zomato Media Pvt. Ltd has raised $100 million (Rs 760 crore) from US-based investment firm Tiger Global Management LLC as it continues to secure capital to ride out the coronavirus crisis. — VCCircle

IndusLaw advised Zomato Private Limited led by a team of partnerSuneeth Katarki, partnerPallavi Kanakagiri, senior associateAnantha Krishnan Iyer, senior associateShweta Adhikari and associateShreyas Bapat.

Shardul Amarchand Mangaldas advised MacRitchie led by partnerRaghubir Menon, partnerEkta Gupta, principal associateTaranjeet Singh, principal associateShiladitya Banerjee, associateTanya Choudhary and associateTushnaz Patel.

AZB & Partners advised Tiger Global Management LLC led by a team of partnersAshwath Rau, Jasmin Karkhanis and Bharat Budholia, with senior associatesRina Goyal, Rashmee Kumar and Aishwarya Gopalakrishnan.

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP represented Tiger Global, led by partnerJonathan Pentzien, associateDavid He and associateSoo Guo Kai.

2020-09-01

Deal value: USD 160 million

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