Zomato, an Indian takeout platform funded by Ant Group, said on Thursday that it plans to raise 93.75 billion rupees ($1.3 billion) through an initial public offering (IPO), an increase of about 14% from its original target because of growing demand in its home market.

This IPO will start on July 14 and end on July 16.

Zomato is one of the Indian companies that have taken advantage of the rising stock market to raise money. Bernstein, the brokerage, valued the company at about $10 billion last week, 7.50 times its expected sales for the coming year.