Zomato set to acquire Runnr in all-stock deal

According to reports, restaurant research and discovery startup Zomato is reportedly set to acquire Bengaluru-based delivery startup Runnr in an all-stock deal. Reportedly, the deal values Zomato at $800 million and pegs Runnr’s enterprise value at $40 million. Earlier reports had claimed that UberEATS was also in talks to acquire Runnr and pegged its value $50 million, while Zomato was willing to offer $20-30 million. 

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