Friday, January 28, 2022

Zomato to invest in 2 tech companies, to buy stakes in Adonmo & UrbanPiper Tech

Zomato to invest in 2 tech companies, to buy stakes in Adonmo & UrbanPiper Tech

Zomato will invest up to  ₹150 crore in the 2 companies (Bloomberg)

 Zomato will buy a 19.48% stake in ad-tech company Adonmo and 5% equity in software platform UrbanPiper.

Food delivery platform Zomato announced that its board at its meeting held on Thursday has approved the investments in two Indian companies - Adonmo Private Limited and UrbanPiper Technology Private Limited. 

 

Read Full Article At : LiveMint

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