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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

Zepto in talks for another fundraise at a valuation of $4.6B: Report

Akshita Toshniwal | June 26, 2024

Zepto's valuation increases and funding coincide with investors closely scrutinizing Swiggy's valuation as the latter prepares for its IPO.

FoodTech

Brokerages pick Zomato over Swiggy in quick commerce bet

Akshita Toshniwal | June 25, 2024

Swiggy is focused on profitability and revenue generation while investors continue to scrutinise the foodtech unicorn's valuation ahead of its public debut.

AI Gen

From Food Delivery to Movie Delivery: Zomato to take over Paytm's ticketing business

Nucleus_AI | June 21, 2024

Zomato Eyes Popcorn & Tickets! Food Delivery Giant in Talks to Acquire Paytm's Ticketing Business. Click to see what this means for consumers!

Funding

Zepto raises $665M at $3.6B valuation

Akshita Toshniwal | June 21, 2024

Avenir, Lightspeed, and Avra join the company’s cap table as new investors.

News

Zomato in talks to acquire Paytm's entertainment vertical

Sayan Sen | June 17, 2024

The food delivery unicorn said it has undertaken discussions with an intent to strengthen its going-out business.

Daily Capsule

Mira Kapoor on launching Akind; Making business networking easy

Team YS | June 17, 2024

Earlier this year, the omnichannel beauty retailer launched its nail care brand, Nails Our Way, apart from its private label for beauty accessories under the label Tira tools.

Rapid Fire

Rapid Fire with YS Life: Sameer Sharma, Founder, uEngage

Debolina Biswas | June 15, 2024

In a candid chat, Sameer Sharma, Founder of uEngage, gives a peek into his life, beyond his entrepreneurial journey.

Corporate

Indian Startup stocks in red after stock markets crash

Thimmaya Poojary | June 4, 2024

The stock price of all the Indian startups declined on Tuesday, with the steepest fall registered by Honasa Consumer at 6.55% followed by Delhivery at 6.26%.