Zomato earned $160 million from Tiger Global, Temasek

Indian food delivery platform Zomato has earned $160 million investment from American company Tiger Global Management and Singapore-based Temasek’s MacRitchie Investments which have a valuation of $3.3 billion. The Gurugram-based company had secured its funds when the lockdown had badly affected the industry due to the coronavirus pandemic. The company has also earned $60 million from MacRitchie Investments, one of the subsidiaries of Temasek Holdings Limited.