Zomato
Zomato Journey
Zomato's Founder and History
Zomato is a one of the largest food technology based platforms. It receive users orders by their platform and deliver it to the customer from the nearest hotel.
Its working process is very simple customers use its platform and place order for their desire food item.
After that it provide that particular order details to the hotel or restaurant which is nearest partner of Zomato's.
After that the delivery boy of Zomato's take that order from the respective hotel or restaurant and deliver it to the customer.
It founded in July, 2008 by two footboy Deepinder Goyal and Pankaj Chaddah who was working for Bain & Company that time.
Initially when it founded by its founder at Gurgaon, Haryana, India they started it as a platform for listing hotels and restraints which later become a food delivery network.
Every day Zomato deliver lakhs of food orders around the India.
Zomato's Unicorn Status
Year to year with the growth of Zomato's, it start becoming popular among customers as a food delivery network.
In the month of September, 2015 after 7 years of its foundation it achieve the status of Unicorn of India.
At the time when it become unicorn its valuation reported around 1 billions dollars.
The valuation of Zomato with its last funding was counting approximately 5.4 billions dollars.
Their are multiple peoples and organizations are their which become a reason of Zomato success, because they invest lot of money to Zomato when it was required.
Zomato's Investors
Some of the key peoples or organizations who invested in it includes Info Edge, Sequoia Capital, Vy Capital, Alibaba, Steadview Capital.
Their can multiple other investors who invested on it and investing on Zomato time to time.
Currently the Unicorn status of Zomato is Graduated Unicorn. This unicorn status is provided to those startups or business which initially started as private startup.
But it now it become a publicly listed company (which share now available to buy for general public).
Zomato Expanded Meal Service to Mumbai Malad & Goregaon
Zomato recently expanded its meal service, Zomato Everyday to Mumbai. This expansion marks a significant milestone for the company as it continues to grow its presence in major Indian cities. The service is currently available in Malad and Goregaon, with plans to extend to other areas across the financial capital in the near future. Current […]
Zomato Shares Grew to All-Time High After ESOP Plan Approval
Zomato, a leading food delivery and restaurant discovery platform, has made headlines once again when its shares grew. On Tuesday, Zomato shares soared to an all-time high, reaching INR 209.75 per share. This surge in stock price followed the approval of a significant employee stock option plan (ESOP) by its shareholders. The approval has set […]
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Paytm to Sell Movie Ticketing Biz to Zomato for INR 1,500 Cr
Recently Paytm is in a discussion with Zomato for a reason that Paytm to Sell Movie Ticketing Biz to Zomato for INR 1,500 Cr. This potential deal marks a significant strategic move for both companies, as they look to realign their core business focuses and expand their market reach. The Core of the Deal The […]
Zomato Stock Rollercoaster: A Tale of Highs and Lows
Recently Zomato Stock pricing are fluctuating so far which becoming a big issue for company. Company facing currently a issue of instability in their sock price. In the fast-paced world of stock markets, Zomato has emerged as a key player, offering investors a taste of the booming food delivery sector. However, recent fluctuations in its […]