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Zomato To Acquire 8% Stake In Kitchen Appliance Maker Byondnxt
- Foodtech major Zomato is acquiring an 8% stake in kitchen appliances maker Byondnxt.
- Zomato has received board approval to subscribe to 600 equity shares of Byondnxt for INR 6,000.
- Byondnxt was founded by Eshwar Vikas, the founder of Mukunda Food.
- Zomato's investment in Byondnxt does not dilute its economic interest or rights in Mukunda.
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