Zomato raises ₹8,500 crore via Qualified Institutional Placement at ₹252.62 per share

The Fund Raising Committee of Zomato's board approved the allotment of 33,64,73,755 (33.65 crore) shares to eligible qualified institutional buyers at an issue price of ₹252.62 apiece, aggregating to ₹8,500 crore