The company says it intends to utilise the proceeds from the initial public offering to fund organic and inorganic growth initiatives and for general corporate purposes
source https://gadgets.ndtv.com/apps/news/zomato-to-raise-rs-9-375-crore-via-ipo-know-everything-about-company-2484541#rss-gadgets-all
source https://gadgets.ndtv.com/apps/news/zomato-to-raise-rs-9-375-crore-via-ipo-know-everything-about-company-2484541#rss-gadgets-all
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