Also, the company will pick up a 19.48% stake for about ₹112.20 crore in adtech company Adonmo and will buy a 5% stake for ₹37.38 crore in B2B software platform UrbanPiper Technology.
“Both UrbanPiper and Adonmo investments are synergistic to our core business and will help accelerate growth of these companies which will help in filling important gaps in the food ordering and delivery ecosystem in India,” Zomato said in its filings.
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