New Delhi (CNN Business) India's biggest tech IPO is here. Food delivery startup Zomato is looking to raise almost $1.3 billion this week in an initial public offering in Mumbai, the company said in a recent regulatory filing . That would set a new record for the biggest technology offering in India, according to data from Refinitiv, beating Tata Consultancy Services' $1.17 billion IPO in 2004. At the upper end of the price range, Zomato would be valued at almost $8 billion. Its founder Deepinder Goyal began Wednesday with a nervous tweet: "Just ordered a triple breakfast @zomato.

Source: CNN July 14, 2021 05:40 UTC