Ant Group

The apartment rental company raised USD 129.6 million, the majority of which came from existing shareholders.

Valued at USD 3 billion, Zomato will close USD 600 million round in the next two months.

It raised USD 1 billion late last year at a valuation of USD 16 billion.

Its initial public offering price is set between USD14.50 and USD16.50.

The move is in line with the firm’s commitment to promoting financial inclusion globally, says Ant Financial.

eMonkey is one of the 32 e-wallets that have received licenses from the State Bank of Vietnam.

Alibaba and its financial arm Ant Financial typically restructure on an annual basis as the companies adjust their strategies.

If the deal materializes, the Zomato-UberEats entity will emerge as India’s largest food-tech company, leaving Swiggy behind.