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

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.


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 partner Suneeth Katarki, partner Pallavi Kanakagiri, senior associate Anantha Krishnan Iyer, senior associate Shweta Adhikari and associate Shreyas Bapat.

Shardul Amarchand Mangaldas advised MacRitchie led by partner Raghubir Menon, partner Ekta Gupta, principal associate Taranjeet Singh, principal associate Shiladitya Banerjee, associate Tanya Choudhary and associate Tushnaz Patel.

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

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP represented Tiger Global, led by partner Jonathan Pentzien, associate David He and associate Soo Guo Kai.


Deal value: USD 160 million

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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