Home » Delivery platforms: After Swiggy, India’s Zomato raises US$1 billion Delivery platforms: After Swiggy, India’s Zomato raises US$1 billion With the Indian market of express delivery set to reach US$6 billion in 2024, the number of IPOs and capital raisings by delivery platforms is increasing. Following Swiggy and Zepto, Zomato announces a major fundraising and a strategic shift. Through Morgane Monteiro. Published on 06 December 2024 à 11h47 - Update on 09 December 2024 à 16h27 Resources In India, meal delivery platform Zomato (2023 sales: US$164 million, up by 71% in a year, net profit of US$4.3 million after a loss of US$11.8 million in 2022) raised US$1 billion. On November 22, 336.5 million shares were issued at US$3,… Morgane Monteiro deliverye-commercefinancial resultsquick commerce Read more Delivery Hero prepares Talabat's I.P.O. for Dubai Stock Exchange
