Zomato IPO Shows Foreign Investors Fueling India’s Tech Battle (Nikkei Asia

A list of 186 “anchor investors” that bought into Zomato’s initial public offering is a symbol of India’s stock market frenzy.

The list, which the food delivery company disclosed on July 13 ahead of its stock market debut, includes giant U.S. asset managers BlackRock and Fidelity as well as government-linked managers like the Canada Pension Plan Investment Board and the Abu Dhabi Investment Authority — some of the biggest names in investing. READ MORE (GOOGLE CACHE)

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