News > Zomato raises Rs 184 cr from existing investor; eyes funds from Temasek

Zomato raises Rs 184 cr from existing investor; eyes funds from Temasek

Food delivery firm Zomato has raised Rs 184 crore from existing investor Foodie Bay Employees ESOP Trust. The firm is also planning to raise capital from MacRitchie Investments Pte Ltd, an indirect wholly-owned subsidiary of Temasek Holdings.

This infusion comes at a time after it was reported that Zomato, valued at around $3.5 billion, was facing hurdles to raise $150 million funding from its biggest Chinese investor Ant Financial, an affiliate of e-commerce giant Alibaba.