Zomato shareholders approve Rs 8,500 crore QIP plan
- Posted on November 23, 2024
- By Business News Today
- 1 Views
Zomato shareholders approve Rs 8,500 crore QIP plan
Zomato shareholders have overwhelmingly approved a plan to raise ₹8,500 crore ($1 billion) through a new share sale. The move aims to bolster the Indian food delivery giant's finances amid fierce competition in the rapidly expanding quick-commerce sector.
