Zomato has successfully raised ₹85 billion by selling equity shares to qualified institutional investors through a Qualified Institutional Placement (QIP). This funding is aimed at strengthening the company’s balance sheet. The shares were sold at ₹252.62 each, a 5% discount from the floor price. Additionally, Zomato is set to be included in the BSE Sensex from December 23, marking a ... https://www.indiaweekly.biz/zomato-qualified-institutional-investors/