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Zomato

Zomato is an Indian food aggregator co-founded by Deepinder Goyal in 2008.
Launched in 2010, Zomato's technology platform connects customers, restaurant partners and delivery partners, serving their multiple needs. Customers use Zomato platform to search and discover restaurants, read and write customer generated reviews and view and upload photos, order food delivery, book a table and make payments while dining-out at restaurants. On the other hand, Zomato provides restaurant partners with industry-specific marketing tools which enable them to engage and acquire customers to grow their business while also providing a reliable and efficient last-mile delivery service. Zomato also operates a one-stop procurement solution, Hyperpure, which supplies high quality ingredients and kitchen products to restaurant partners.
  • FoodTech
    HEADQUARTERS
    Delhi NCR, Delhi, , India
    COMPANY SIZE
    1000+
    FOUNDED
    Feb 2008

    Awards

    Awards and Recognitions
    05
    A YourStory list of startups that made the news this year for all the right reasons.
    The year 2019 was a mixed bag for Zomato. Late last year, a viral video of a delivery executive eating food from an order made waves, after which the foodtech giant immediately took measures to launch tamper-proof packaging. This year, Zomato also locked horns with the National Restaurant Association of India (NRAI), over discounting. The startup was trending on Twitter for a while with #UninstallZomato movement, after a resident of Madhya Pradesh made a fuss over a non-Hindu delivery boy being assigned to deliver food. All that notwithstanding, the Gurugram-based unicorn began the year by raising $40 million led by US-based private investor Glade Brook. The funding was part of Zomato’s larger $1 billion round. It also made headway by experimenting with different modes of delivery. Last year, Zomato acquired drone startup TechEagle, and successfully tested delivery via drones in 2019. It also joined the green movement by beginning deliveries on bicycles. Zomato also launched an experience centre for delivery partners. The startup also shut down its loyalty programme, PiggyBank, and its Infinity Dining Option (which it had started in July). In September, Zomato forayed into the world of video streaming. It aims to launch 18 original shows over the next three months; these shows will be available under a new “Videos” tab in the Zomato app. The startup also announced results for FY19. As per documents filed with the Registrar of Companies (RoC), the company’s revenue for this year soared to Rs 1,397 crore, marking a 188 percent jump from the revenue of Rs 485 crore reported for the previous financial year.

    Funding

    Funding Rounds and Investors
    OTHER
    $250M
    Investors
    Kora Investments, Tiger Global Management
    23rd Feb 2021
    SERIES-J
    $291M
    Investors
    Fidelity, Steadview Capital, Mirae Asset Global Investments, Luxor Capital Group, D1 Capital Partners, Baillie Gifford
    18th Oct 2020
    SERIES-J
    $52M
    Investors
    Kora Investments
    15th Oct 2020
    OTHER
    $100M
    Investors
    India Internet Fund, Tiger Global Management
    10th Sep 2020
    OTHER
    $62M
    Investors
    Temasek Holdings
    2nd Sep 2020
    SERIES-J
    $5M
    Investors
    Pacific Horizon Investment Trust
    6th Apr 2020
    OTHER
    $150M
    Investors
    Ant Financial
    10th Jan 2020
    OTHER
    $105M
    Investors
    Delivery Hero, Delivery Hero, Glade Brook Capital Partners
    5th Mar 2019
    PRIVATE-EQUITY
    $40M
    Investors
    Glade Brook Capital Partners
    6th Feb 2019
    OTHER
    $210M
    Investors
    Ant Financial
    13th Oct 2018