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India's Zomato in talks to raise $100 million after U.S. acquisition

2015-01-13 10:45:42| Apparel - Topix.net

Indian restaurant search services provider Zomato acquired U.S.-based rival Urbanspoon for about $50 million in one of the biggest overseas deals by an Indian startup and a company executive said it was in talks to raise about $100 million in fresh funding. India's rapidly growing Internet- and mobile-based companies have attracted billions of dollars in funding in the last couple of years from foreign investors including Japan's SoftBank Corp and Temasek Holdings Pvt Ltd [TEM.UL].

Tags: us million raise acquisition

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