Tiger Global leads $100M Investment in Zomato

September 10, 2020Client News

Gunderson Dettmer represented client Tiger Global in its $100M investment into Zomato, one of India’s largest food delivery businesses.

In the announcement of the transaction co-founder and chief executive of Zomato Deepinder Goyal said, “Important note — we have no immediate plans on how to spend this money. We are treating this cash as a ‘war-chest’ for future M&A, and fighting off any mischief or price wars from our competition in various areas of our business.”

The Gunderson deal team included Jon Pentzien, David He and Soo Guo Kai.