Zomato’s IPO Plan Raises ₹7,500 Crore for Expansion

Zomato has filed for a ₹7,500 crore IPO, aiming to leverage India’s expanding food delivery market. The company plans to use these funds for technology upgrades and increasing its presence in non-metro cities. With the rapid growth of online food delivery, especially in the post-pandemic era, Zomato is well-positioned to meet increasing demand for contactless dining options and maintain market leadership.