Indian food delivery firm Zomato is in talks to back logistics firm Shiprocket, savings app Magicpin, and health and fitness firm CureFit, four people familiar with the matter told me.
All these investment talks are at final stages and some may close as soon as this week, one of the sources said.
The investment in Shiprocket is part of a broader round that is being led by Temasek, according to two sources familiar with the matter. Indian newspaper Economic Times first reported about Temasek and Shiprocket talks.
This is a developing story. More to follow…
