Zomato shares in focus as QIP launches with floor price set at Rs 265.91 per share

Zomato launches a QIP to raise funds. The company aims to expand Blinkit's footprint. Zomato plans to increase dark stores. It will also invest in advertising and marketing. Rivals Swiggy and Zepto have also raised capital. Zomato aims to strengthen its position in the competitive market. The company recently reported increased revenue and profit.