Indian company Zomato started off as a food delivery firm many moons ago. Today, this once-was-a-startup is in a position to fund other startups, making it one of India’s biggest startup success stories.
Zomato in talks to invest in India’s Shiprocket, Magicpin and CureFit – TechCrunch
Indian food delivery firm Zomato is in talks to back logistics firm Shiprocket, savings app Magicpin, and health and fitness firm CureFit, four people familiar with the matter told me. All these investment talks are at final stages and some may close as soon as this week, one of the sources said. The investment in Shiprocket is part of a broader round that is being led by Temasek, according to two sources familiar with the matter.
Link: Zomato in talks to invest in India’s Shiprocket, Magicpin and CureFit
via techcrunch.com
