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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News
Only Bigbasket, Urban Company guarantee minimum wage for gig workers: Fairwork India report
Sayan Sen | October 8, 2024
A recent study revealed that only Bigbasket and Urban Company ensure gig workers earn at least the local minimum wage after costs, while most platforms fall short on fair pay and representation.
AI Gen
Zomato CEO Deepinder Goyal Faces the Realities of Delivery Life
Nucleus_AI | October 8, 2024
In an Instagram video that has gone viral, Zomato CEO Deepinder Goyal, alongside his wife Gia Goyal, took on the role of a food delivery agent for...
News
Malls need to be 'more humane' towards delivery partners: Zomato CEO hits out
Press Trust of India | October 7, 2024
Zomato CEO Deepinder Goyal and his wife Grecia Munoz earlier took on the role of delivery partners to deliver orders in Gurugram and get a first-hand experience of challenges faced by them.
Report
Amazon, Flipkart, Reliance, BigBasket have unclear quick commerce strategy: BofA Research
Akshita Toshniwal | October 1, 2024
With quick commerce channels taking in a significant slice of ecommerce players' cake, experts are unsure if incumbents will be able to hold onto their customers.
News
Quick commerce to contribute $1B in GMV to festival sales: BofA Research
Akshita Toshniwal | October 1, 2024
With increasing categories on quick commerce channels, consumers this festive season are parking a part of their wallets for instant gratification buys and convenience shopping.
News
Zomato's Co-founder Akriti Chopra resigns
Akshita Toshniwal | September 27, 2024
Zomato is focused on ramping up its going-out segment and launching the District app to tap into synergies from its quick commerce and food delivery segments.
TechSparks
What did it take to build Swiggy? Consumer obsession, says Co-founder Phani Kishan
Akshita Toshniwal | September 27, 2024
At TechSparks Bengaluru 2024, Swiggy Co-founder Phani Kishan noted that it's the leadership's consumer obsession which is key to fuelling its IPO dreams.
