Zomato is getting another $210 million in funding from Alibaba affiliate Ant Financial as per a new filing disclosed by Info Edge which indicates of its stake in Zomato diluting from 30.91% to 27.68% as a result of a new investment from Alipay Singapore Holding or other affiliates of Ant Financial.

“We would like to bring to your knowledge that Zomato has signed a definitive agreement to undertake a primary fund raise of approximately $210 million from Alipay Singapore,” The filing read.

According to estimates, Zomato is likely to be valued at $2 billion with this round which would represent a double from its current $1 billion valuation. Zomato’s restaurant search and discovery service is currently available in 24 countries and counts 1.2 million restaurants, 18 million bookmarks and 10 million reviews on its platform.

Prior to this round, Zomato has raised over $400 million with notable backers including Sequoia Capital, Vy Capital, Temasek and Info Edge which made this new round known. Info Edge initially held a 57.9% stake in Zomato prior to dilution from more investments.

Ant Financial previously invested $150 million in Zomato which now marks over $360 million in total it has put into the company.

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