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IPO Plan Raises ₹7,500 Crore for Expansion
Zomato files for ₹7,500 crore IPO to expand in food delivery, focusing on non-metro cities.
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.