Zomato Slides 3% On Bid To Raise Funds Via QIP Amid Swiggy's Anticipated IPO
Shares of food-delivery giant Zomato dived on Friday’s early trade, going down by over 3%, after the company announced plans to raise funds through a qualified institutional placement. What Happened: Zomato’s board of directors will meet on October 22 to approve the firm’s quarterly financial results,