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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.

News

Beauty retailer Nykaa grants 4.05 lakh ESOPs ahead of quarterly results

Akshita Toshniwal | May 21, 2024

Nykaa launches employee stock option plans worth more than Rs 7 Crore as startups try to retain talent.

Daily Capsule

Zomato's profits grow on the back of Blinkit; Creating games based on mythology

Team YS | May 14, 2024

Zomato's revenue from operations has shot up 71% YoY to Rs 12,114 crore in FY24. Charanya Kumar released Chittam, an interactive gaming company inspired by Indian mythology.

FoodTech

Zomato outlines Blinkit's store expansion plans as quick commerce takes off

Akshita Toshniwal | May 13, 2024

Zomato’s bet on its purchase of Blinkit seems to have paid off as the quick delivery platform achieved a positive EBITDA level in the March quarter. However, the Hyperpure segment sees muted growth even as EBITDA margins improve.

News

Zomato Payments surrenders payment aggregator licence obtained earlier this year from RBI

Sayan Sen | May 13, 2024

Last year, Zomato became operational as a third-party application provider, offering payments through the Unified Payments Interface (UPI).

FoodTech

Zomato rounds up FY24 with Rs 351 Cr net profit; Blinkit breaks even in Q4

Akshita Toshniwal | May 13, 2024

Food aggregator Zomato has increased its profit in Q4 FY24 to Rs 175 crore, with its performance buoyed by food delivery, Blinkit.

News

Auditor of Zomato subsidiaries resigns

Press Trust of India | May 12, 2024

The Zomato's board is slated to meet on Monday to consider and approve the results for the fourth quarter and financial year ended March 2024.

News

Zomato unveils Weather Union, a weather infrastructure platform

Pooja Malik | May 8, 2024

Weather Union by Zomato is currently available in 45 Indian cities and is expected to be expanded to other cities soon.

News

Zomato pilots priority delivery: Report

Payal Ganguly | April 25, 2024

Food technology platform Zomato has introduced priority delivery for a select group of customers and pay later option, said a media report.