Zomato and Swiggy stocks fell after it was reported that Zepto is planning to raise $250 million through a secondary share sale. Zomato’s shares dropped 6%, Swiggy’s fell 4%, erasing ₹16,000 crore.
Zomato and Swiggy stocks fell after it was reported that Zepto is planning to raise $250 million through a secondary share sale. Zomato’s shares dropped 6%, Swiggy’s fell 4%, erasing ₹16,000 crore.