Online food delivery and restaurant discovery platform Zomato has acquired the Indian operations of Uber Eats for around $350 million (Rs 2,485 crore).

The all-stock transaction will give the US-based ride-hailing company about 10% shareholding in Gurgaon-based Zomato, reported ET.

Samvad Partners acted for Zomato and the team was led by Partner Aparna Ravi along with Associate M.V. Abhinay.

Partner Arjun Krishnan advised on competition law aspects along with Senior Associate Kavita Jitani.

AZB & Partners advised Uber Eats.