Zomato
Zomato is a food delivery and restaurant hunting company launched in 2010 by Deepinder Goyal and Pankaj Chaddah. It is one of the key players in India’s food tech industry.
Having started in India, Zomato expanded internationally by gradually entering countries including the US, UK, UAE, Australia, and some in Europe and Asia. However, in November 2021, it stopped its services everywhere except India and the United Arab Emirates.
Zomato also launched its initial public offering (IPO) in July 2021 and was one of the largest in India’s tech sector. In 2022, Zomato acquired Blinkit for $550 million.
Zomato also has a platform called Hyperpure, which allows restaurants to purchase supplies ranging from condiments to veggies and eco-friendly packaging.
It also organises an annual carnival, Zomaland, which offers a variety of culinary experiences, with live performances by musicians and comedians.
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FoodTech
Zomato brings brand-specific coupon packs for extra discounts
Ishan Patra | July 26, 2024
Zomato users have to buy these packs with brand-specific coupons to get extra discounts on orders from their favourite restaurants.
News
Swiggy launches market intelligence dashboard for restaurant partners
Akshita Toshniwal | July 25, 2024
Swiggy has been innovating its partner offerings with a market dashboard along with a focus on customers as it nears public listing.
News
Swiggy taps fresh talent for Instamart as it gears up for public listing
Akshita Toshniwal | July 22, 2024
Swiggy brings in fresh talent from Reliance, Amazon, Flipkart etc to revamp its quick commerce segment as it gears up for a $1.2 billion IPO.
News
Swiggy announces ESOP liquidity event of $65M ahead of IPO
Akshita Toshniwal | July 15, 2024
Swiggy's buyback aims to consolidate its holdings in preparation for a Rs 10,400 crore IPO and to raise up to Rs 3,750 crore in fresh capital.
News
Zomato CEO Deepinder Goyal turns billionaire amid record share rally
Akshita Toshniwal | July 15, 2024
Deepinder Goyal’s stake in Zomato is currently valued at around Rs 8,498 crore, marking his entry into the billion-dollar club.
News
Swiggy and Zomato hike platform fees to Rs 6 in certain areas to improve bottomline
Akshita Toshniwal | July 15, 2024
Swiggy and its peer Zomato have again hiked platform fees after launching at just Rs 2 last year as both the players try to improve profitability without losing market share.
AI Gen
Less Features at Lesser Cost: Zomato's Offer of Gold at just Rs.30!
Nucleus_AI | July 13, 2024
Discover Zomato's strategy behind the Rs. 30 Gold membership offer. Dive into the details and implications for users. Read more now!
News
Zomato dissolves Slovakia subsidiary
Ishan Patra | July 13, 2024
The Gurugram-based company had announced the initiation of liquidation proceedings for its subsidiary in the Slovak Republic last September.