India: Food ordering platform Zomato raises $210m from Alipay

India: Food ordering platform Zomato raises $210m from Alipay

Photo: Zomato

Restaurant discovery and food-delivery platform Zomato has signed a definitive agreement to raise about $210 million from its existing shareholder Alipay Singapore Holding Pte. Ltd., the digital payments arm of Chinese e-commerce giant Alibaba.

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