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Zomato To Raise $ 200 Million From Alibaba And Alipay

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Zomato To Raise From Alibaba,Ant Financial Services Group,Alipay,Paytm,Zomato Latest News,Zomato Updates,2017 Latest Business News,Startup Stories

Zomato Media Pvt., Ltd., the online restaurant discovery and food ordering platform is reportedly in talks with Alibaba’s payments firm Ant Financial Services Group to raise $ 200 million. This potential round of investment could value the company between $800 million and $900 million or even up to $1 billion.

The deal, which hasn’t been finalized yet, could see the Chinese ecommerce giant pick up a major stake in the company. A major news daily reported this round could finally allow Zomato to earn that Unicorn tag that it missed by a small margin during the last round of financing. Zomato, which has been in the market to raise funds since the beginning of the year, declined to comment.

Ant Financial, also known as Alipay, is also looking to strengthen its foothold in South East Asian markets like India, New Zealand and Australia. Zomato which has a strong presence in Southeast Asia and the Middle East will add to Alibaba and Alipay’s global play. The deal will also allow the food discovery platform to work closely with the digital payments platform Paytm, which counts Ant Financial as one of its largest investors.

Launched in 2008, Zomato has raised over $ 200 million in funding rounds with the latest being $60 million from Temasek and Vy Capital in September 2015. The investment valued the firm at about $960 million, barely missing the $ 1 billion mark. Zomato, at present, is competing against food ordering platforms such as Bundl Technologies Pvt., Ltd., owned Swiggy, which is backed by South African media giant Naspers. Swiggy raised $ 80 million in funding from Naspers in May this year and has already raised over $160 million in equity and debt, since its launch in 2014.

Zomato, which was forced to introduce food ordering on its platform, saw an 89% rise in revenue which reached Rs. 334 cores for the financial year 2017. But Zomato’s fight with Swiggy for market leadership in the food delivery space is more capital intensive. Zomato claims that for the first time in July this year they have delivered over 3 million monthly orders, maintaining that its average order value is higher than that of its competitor, resulting in higher gross sales.

 

Watch how Zomato came to dominate the restaurant discovery and online food ordering sector here –

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₹290 Crore Boost: Rozana’s Series B Funding Scales Rural Retail Network Nationwide

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Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.

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Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.

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For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.

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Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.

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Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.

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