Zomato Explained

Zomato Ltd.
Location:	Gurgaon, Haryana, India
Industry:	Online food ordering
Equity:	(2024)
Trading Name:	zomato
Former Name:	FoodieBay (2008–2010)
Type:	Public
Area Served:	India
Num Employees:	4,440 (2024)^[1]
Revenue:	(2024)
Operating Income:	(2024)
Net Income:	(2024)^[2]
Assets:	(2024)

Zomato (or)^[3] is an Indian multinational restaurant aggregator and food delivery company. It was founded by Deepinder Goyal and Pankaj Chaddah in 2008.^[4] Zomato provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in more than 1,000 Indian cities and towns, as of 2022–23.^[5] Zomato rivals Swiggy in food delivery and hyperlocal space.

History

Early years (2008 – 2011)

Zomato was founded as FoodieBay in 2008 by Deepinder Goyal and Pankaj Chaddah who worked for Bain & Company. The website started as a restaurant-listing-and-recommendation portal. They renamed the company Zomato in 2010 as they were unsure if they would "just stick to food" and also to avoid a potential naming conflict with eBay.^{[6] [7] [8]}

With the introduction of .xxx domains in 2011, Zomato also launched zomato.xxx, a site dedicated to food porn.^[9] Later in 2011, Zomato officially launched an online ticketing platform for events.^[10]

Expansion (2011 – 2015)

In 2011, it expanded across India to Delhi NCR, Mumbai, Bangalore, Chennai, Pune, Ahmedabad and Hyderabad.^[11] In 2012, it expanded operations internationally in several countries, including the United Arab Emirates, Sri Lanka,^[12] Qatar,^[13] the United Kingdom,^[14] the Philippines, and South Africa.^[15] In 2013, it expanded to New Zealand,^[16] Turkey, Brazil, and Indonesia, with websites and apps available in Turkish, Portuguese, Indonesian, and English languages.^[17] In April 2014, it was launched in Chile and Portugal, which was followed by launches in Canada, Lebanon, and Ireland in 2015.^{[18] [19] [20]}

In January 2015, Zomato acquired Seattle-based restaurant discovery portal Urbanspoon, which led to the firm's entry into the United States and Australia. This U.S. expansion brought Zomato into direct competition with similar models such as Yelp and Foursquare.^[21]

Late 2010s

In 2015, Zomato started its food delivery service in India,^[22] initially partnering with companies such as Delhivery and Grab to fulfill deliveries from restaurants that did not have their own delivery service.^[23]

In April 2015, Zomato acquired the American online table reservation platform NexTable, which was subsequently renamed Zomato Book. In January 2016, it launched Zomato Book's table reservation feature on its application in India.^[24] In April 2015, it acquired cloud-based point of sale (PoS) company MapleGraph Solutions,^[25] and, in April 2016, launched its own version of PoS for restaurant owners called Zomato Base, comprising menu and inventory management, payment system, and analytics.^[26] Later that year, Zomato acquired Sparse Labs (renamed Zomato Trace) and integrated the latter's real-time delivery location tracking technology on its food delivery platform.

In February 2017, the firm announced plans to launch Zomato Infrastructure Services, a cloud kitchen infrastructure service to help partner restaurants expand their presence without incurring any fixed costs.^[27] Later that year, it introduced a paid membership program called Zomato Gold using which subscribers could get offers and discounts on dining and food delivery at Zomato's partner restaurants.^[28]

In 2018, Zomato shut down operations of Zomato Infrastructure Services.^[29] The company then acquired WOTU and rebranded it as Hyperpure to supply food ingredients such as grains, vegetables and meat to restaurants from its warehouses.^{[30] [31]} In December 2018, Zomato launched its annual multi-city food and entertainment carnival called Zomaland.^[32]

In March 2019, Zomato sold its UAE food delivery business to Talabat.^[33] In September 2019, the firm laid off almost 10% of its workforce (540 people) tending to back-end activities like customer service, merchant and delivery partner support functions.^[34]

2020s

In April 2020, due to a fall in food delivery and rising demand for online grocery ordering amid the COVID-19 pandemic, Zomato began delivering groceries and essentials under a service named Zomato Market in 80+ cities across India.^[35] In April 2020, it introduced contactless dining at its partner restaurants.^[36] In May 2020, Zomato also began delivering alcohol in West Bengal, Jharkhand and Odisha after obtaining the permission of the governments in these states.^[37] In May 2020, Zomato further laid off 520 employees due to the COVID-19 pandemic.^[38]

Zomato closed operations of Zomato Market in June 2020 as demand for food delivery recovered and grocery delivery business "was not scalable".^[39] In April 2021, it pulled out of alcohol delivery service citing poor unit economics and scalability.^[40]

In July 2021, Zomato went public, opening its initial public offering at a valuation of over 8 billion.^[41]

In November 2021, Zomato ceased its services in all countries except India and the United Arab Emirates.^[42]

In April 2022, Zomato launched a pilot of 10-minute food delivery in Gurgaon called Zomato Instant.^[43] In June 2022, Zomato announced the acquisition of quick-commerce company Blinkit for 568 million.

In August 2022, Zomato launched a service called Intercity Legends in Delhi NCR that allowed users to have food delivered from famous restaurants in other cities within a few days.^[44] In November 2022, Zomato introduced Zomato Pay feature, which allowed users to make payments at partner restaurants and avail offers, and partner restaurants to promote themselves.^[45]

Circa February 2023, Zomato ceased operations in Australia, while announcing that their operations in India and the UAE were continuing.^[46]

In June 2023, Zomato launched a feature that enabled users to build carts from up to four restaurants and place the order together.^[47] In October 2023, the company started offering hyperlocal package delivery service on a separate app called Xtreme.^[48]

In August 2024, Zomato announced the launch of "district" an app.^[49]

Funding

• 2010 to 2013 - Zomato raised approximately from Info Edge across four rounds; Info Edge held a 57.9% stake in Zomato in February 2013.^[50] In November 2013, Zomato raised 37 million from Sequoia Capital and Info Edge.^[51]
• November 2014 - Zomato completed another round of funding of 60 million at a post-money valuation of ~US$660 million.^[52] This round of funding was being led jointly by Info Edge and Vy Capital, with participation from Sequoia Capital.^[53]
• April 2015 - Info Edge, Vy Capital and Sequoia Capital led another round of funding for 50 million.^[54] This was followed by another 60 million funding led by Temasek, a Singapore government-owned investment company, along with Vy Capital in September.^[55]
• February 2018 - Zomato became a unicorn startup after raising 200 million from Ant Financial at a valuation of 1.1 billion.^[56] In October 2018, Zomato reported that it would raise an additional $210 million from Ant Financial at a valuation of around $2 billion.^[57]
• September 2020 - Zomato raised $62 million from Temasek, after previously committed investment from Ant Financial did not come through.^[58] In October 2020, as part of a Series J round of funding, Zomato raised $52 million from Kora, a US-based investment firm.^[59]
• February 2021 - Zomato raised 250 million from five investors, including Tiger Global Management, at a valuation of 5.4 billion.^[60]

Acquisitions

Zomato has acquired several startups globally.^[61]

• In July 2014, Zomato made its first acquisition by buying MenuMania for an undisclosed sum.^[62]
• The company pursued other acquisitions including lunchtime.cz and obedovat.sk for a combined 3.25 million.^[63]
• In September 2014, it acquired Poland-based restaurant search service Gastronauci for an undisclosed sum.^[64]
• In December 2014, it acquired Italian restaurant search service Cibando.^[65]
• It acquired Seattle-based food portal, Urbanspoon, for an estimated US$60 million in 2015.^[66]
• Other acquisitions of 2015 include Mekanist in an all-cash deal,^[67] the Delhi-based startup MapleGraph that built MaplePOS (renamed Zomato Base),^[68] and NexTable, a US-based table reservation and restaurant management platform.^[69]
• In 2016, Zomato acquired Gurgaon-based technology startup Sparse Labs and renamed it as Zomato Trace.^[70]
• In 2017, it acquired the food delivery startup Runnr (renamed from Roadrunnr when it acquired TinyOwl in 2016).^[71]
• In September 2018, it acquired Bengaluru-based food e-marketplace, TongueStun Food, for about US$18 million in a cash and stock deal.^[72]
• In December 2018, it acquired a Lucknow-based startup, TechEagle Innovations, that works exclusively on drones, for an undisclosed amount.^[73] Zomato claimed that the acquisition will help pave the way towards drone-based food delivery in India, building technology aimed at a hub-to-hub delivery network.^[74]
• On 21 January 2020, Zomato acquired its rival Uber Eats' business in India in an all stock deal, giving Uber Eats 10% of the combined business.^[75]
• On 29 June 2021, the firm acquired a 9.3% stake in Grofers for nearly US$120 million.^[76]
• On 24 June 2022, Zomato acquired Blinkit (formerly Grofers) for US$568 million in an all-stock deal.^[77]

Security breaches

On 4 June 2015, an Indian security researcher hacked the Zomato website and gained access to information about 62.5 million users. Using the vulnerability, he was able to access the personal data of users such as telephone numbers, email addresses, and Instagram private photos using their Instagram access token. Zomato fixed the issue within 48 hours of it becoming apparent.^[78]

On 18 May 2017, a security blog called HackRead claimed that over 17 million Zomato user records including emails and password hashes had been stolen due to a security breach. The company stated that no payment information or credit card details were stolen.^[79] The hacker removed the stolen user data from the dark web after Zomato agreed to start a bug bounty program.^[80]

Feeding India

Started in 2014 by Ankit Kawatra, Feeding India is a nonprofit organisation which serves free meals to underprivileged people with the help of volunteers.^[81] Feeding India was acquired by Zomato in July 2019.^[82] In May 2022, Zomato claimed that Feeding India was serving over 200,000 meals every day under its Daily Feeding Program.^[83]

In December 2022, Post Malone headlined Zomato Feeding India's benefit concert to raise awareness about malnutrition in India.^[84]

Achievements

Zomato has earned a Guinness world record for holding the world's largest first aid lesson, by training 4,300 delivery partners in total, at the single event on June 12th.^[85]

See also

• Online food ordering
• Swiggy
• Uber Eats

Notes and References

1. Web site: 19 August 2024 . Zomato AR 2023-24 .
2. News: Statement of consolidated financial results for the quarter (unaudited) and year (audited) ended March 31, 2023 . live . https://web.archive.org/web/20240513100340/https://www.bseindia.com/xml-data/corpfiling/AttachLive/a5e9d074-8205-4df7-b910-7478fa87b95e.pdf . 13 May 2024 . 13 May 2024 . BSE.
3. Web site: 9 April 2023 . How does one pronounce 'Zomato'? CEO Deepinder Goyal says... . live . https://web.archive.org/web/20230417105552/https://www.livemint.com/news/india/how-does-one-pronounce-zomato-ceo-deepinder-goyal-says-11681057861859.html . 17 April 2023 . 30 June 2024 . Mint.
4. News: Khosla . Varuni . Srinivasan . Supraja . Zomato co-founder Pankaj Chaddah quits as it shuffles top management . live . https://web.archive.org/web/20210512073221/https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/zomato-co-founder-pankaj-chaddah-quits-as-it-shuffles-top-management/articleshow/63129470.cms . 12 May 2021 . 2020-04-09 . The Economic Times.
5. News: Kashyap . Hemant . 13 February 2023 . Zomato Pulls Out Of 225 Cities Citing "Not Very Encouraging" Performance . live . https://web.archive.org/web/20230224091312/https://inc42.com/buzz/zomato-pulls-out-225-cities-citing-not-very-encouraging-performance/ . 24 February 2023 . 24 February 2023 . Inc42.
6. News: Verma . Shrutika . 6 February 2015 . Zomato: India's first global app . live . https://web.archive.org/web/20220617222853/https://www.livemint.com/Companies/DCxQfRYn2f4sXlgbEAfFnI/Zomato-Indias-first-global-app.html . 17 June 2022 . 17 June 2022 . mint.
7. Web site: 23 May 2012 . How Foodiebay became Zomato . live . https://web.archive.org/web/20150815004521/http://www.businesstoday.in/current/corporate/foodiebay-zomato/story/184785.html . 15 August 2015 . 15 November 2016 . Businesstoday.in.
8. Web site: Zomato: 10-year milestone reached but Zomato gets hungry for more . live . https://web.archive.org/web/20180725173544/https://economictimes.indiatimes.com/news/company/corporate-trends/10-year-milestone-reached-but-zomato-gets-hungry-for-more/the-origin-story/slideshow/64942723.cms . 25 July 2018 . 2020-02-13 . The Economic Times.
9. News: Menon . Rashmi . 10 October 2014 . People looking for food porn come to Zomato.xxx, says founder Deepinder Goyal . live . https://web.archive.org/web/20161104171419/http://economictimes.indiatimes.com/magazines/panache/people-looking-for-food-porn-come-to-zomato-xxx-says-founder-deepinder-goyal/articleshow/44767826.cms . 4 November 2016 . 15 November 2016 . The Economic Times.
10. Web site: 2011-12-20 . Zomato.com forays into online ticketing for events . live . https://web.archive.org/web/20240308143518/https://www.thehindubusinessline.com/companies/zomatocom-forays-into-online-ticketing-for-events/article64123740.ece . 8 March 2024 . 2024-03-08 . BusinessLine . en.
11. Web site: Zomato launches first local-search android application . live . https://web.archive.org/web/20150214174343/http://www.indiainfoline.com/article/news/zomato-launches-first-local-search-android-application-5073753685_1.html . 14 February 2015 . 15 November 2016 . Indiainfoline.com.
12. Web site: 5 November 2012 . After UAE, Zomato expands into Sri Lanka; adds a Colombo section . live . https://web.archive.org/web/20130225045501/http://techcircle.vccircle.com/2012/11/05/after-uae-zomato-expands-into-sri-lanka-adds-a-colombo-section . 25 February 2013 . 15 November 2016 . Techcircle.vccircle.com.
13. Web site: 2013-03-21 . Zomato Expands to Philippines; Dubai Operations Break Even & Future Expansion Plans . live . https://web.archive.org/web/20130323202354/https://www.medianama.com/2013/03/223-zomato-philippines/ . 23 March 2013 . 2020-02-13 . MediaNama.
14. Web site: 9 January 2013 . After UAE & Sri Lanka, Zomato expands into Europe; adds a London section . live . https://web.archive.org/web/20130225045511/http://techcircle.vccircle.com/2013/01/09/after-uae-adds-a-london-section . 25 February 2013 . 15 November 2016 . Techcircle.vccircle.com.
15. Web site: Zomato launches in South Africa » NextBigWhat . dead . https://web.archive.org/web/20161117064324/https://www.nextbigwhat.com/zomato-launches-in-south-africa-297/ . 17 November 2016 . 15 November 2016 . Nextbigwhat.com.
16. Web site: 26 July 2013 . Update: Zomato Breaks Even In India; Expands To New Zealand . live . https://web.archive.org/web/20130723151612/http://www.medianama.com/2013/07/223-zomato-new-zealand . 23 July 2013 . 12 August 2015 . MediaNama.com.
17. Web site: Zomato tackles new languages for first time, takes restaurant listings to Indonesia, Turkey . live . https://web.archive.org/web/20131107114522/https://www.techinasia.com/india-zomato-launches-in-new-languages-in-jakarta-istanbul-sao-paolo . 7 November 2013 . 15 November 2016 . Techinasia.com.
18. Web site: 22 October 2014 . Zomato launches in Canada . live . https://web.archive.org/web/20141025051956/http://www.medianama.com/2014/10/223-zomato-canada-launch/ . 25 October 2014 . 12 August 2015 . MediaNama.com.
19. Web site: Zomato launches Lebanon section; expands into Middle East . live . https://web.archive.org/web/20150924020541/http://www.exchange4media.com/marketing/zomato-launches-lebanon-section;-expands-into-middle-east_58028.html . 24 September 2015 . 12 August 2015 . Exchange4media.com.
20. Web site: 26 November 2014 . Zomato launches in Ireland, opens revenue source by making advertisement live on its app . live . https://web.archive.org/web/20141227012203/http://www.firstpost.com/business/economy/zomato-launches-in-ireland-opens-revenue-source-by-making-advertisement-live-on-its-app-1997875.html . 27 December 2014 . 12 August 2015 . Firstpost.com.
21. Web site: 12 January 2015 . Restaurant Discovery Site Zomato Buys IAC's Urbanspoon, Enters The U.S. . live . https://web.archive.org/web/20150227021933/http://social.techcrunch.com/2015/01/12/restaurant-discovery-site-zomato-buys-iacs-urbanspoon-enters-the-u-s-market/ . 27 February 2015 . 2019-10-09 . TechCrunch.
22. News: Restaurant Discovery Site Zomato To Launch Food Delivery Service, Starting In India . live . https://web.archive.org/web/20220617222852/https://techcrunch.com/2015/02/11/zomato-food-delivery/ . 17 June 2022 . 17 June 2022 . TechCrunch.
23. News: Rai . Archana . 12 January 2016 . Zomato shuts down online ordering operations in 4 cities . live . https://web.archive.org/web/20220617222854/https://economictimes.indiatimes.com/small-biz/startups/zomato-shuts-down-online-ordering-operations-in-4-cities/articleshow/50532588.cms . 17 June 2022 . 17 June 2022 . The Economic Times.
24. News: 14 January 2016 . Zomato starts table reservations with Book . live . https://web.archive.org/web/20220808042328/https://www.techcircle.in/2016/01/14/zomato-enters-table-reservation-space-with-book . 8 August 2022 . 17 June 2022 . Techcircle.
25. News: 14 April 2015 . Zomato buys cloud-based PoS system; to help restaurants manage inventory, payments . live . https://web.archive.org/web/20220705192242/https://www.vccircle.com/zomato-buys-cloud-based-pos-system-help-restaurants-manage-inventory . 5 July 2022 . 5 July 2022 . VCCircle.
26. News: Zomato launches Zomato Base, cloud-based POS for restaurants . live . https://web.archive.org/web/20220919184145/https://www.firstpost.com/business/zomato-launches-zomato-base-cloud-based-pos-for-restaurants-2710702.html . 19 September 2022 . 5 July 2022 . TechCrunch.
27. Web site: 2017-02-28 . Zomato to launch kitchen infrastructure service ZIS in March; to provide space, equipment to restaurant brands . live . https://web.archive.org/web/20210410112611/https://www.zeebiz.com/small-business/news-zomato-to-launch-kitchen-infrastructure-service-zis-in-march-to-provide-space-equipment-to-restaurant-brands-13004 . 10 April 2021 . 2020-07-31 . Zee Business.
28. News: Zomato Gold Membership Programme Launched, Coming Soon to India . live . https://web.archive.org/web/20220812180757/https://gadgets360.com/apps/news/zomato-gold-membership-programme-launched-in-the-uae-coming-to-india-in-june-1670338 . 12 August 2022 . 17 June 2022 . NDTV Gadgets 360.
29. News: 14 June 2018 . Zomato To Shut Down Its Own Cloud Kitchen Operations Under ZIS; Invests $15 Mn In Loyal Hospitality . live . https://web.archive.org/web/20220323221341/https://inc42.com/buzz/zomato-to-shut-down-its-own-cloud-kitchen-operations-under-zis-invests-15-mn-in-loyal-hospitality/ . 23 March 2022 . 17 June 2022 . Inc42 Media.
30. News: Srinivasan . Supraja . Zomato's full-course strategy: From supply to delivery and more . live . https://web.archive.org/web/20220619125925/https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/zomatos-full-course-strategy-from-supply-to-delivery-and-more/articleshow/66645881.cms . 19 June 2022 . 19 June 2022 . The Economic Times.
31. News: Vardhan . Jai . 12 November 2018 . Zomato begins agri, poultry and dairy supplies for restaurants via HyperPure, claims Rs 35 Cr monthly churn . live . https://web.archive.org/web/20220626135206/https://entrackr.com/2018/11/zomato-hyperpure-rs-35-cr-monthly-churn/ . 26 June 2022 . 19 June 2022 . Entrackr.
32. News: Gooptu . Biswarup . 10 December 2018 . Info Edge: Zomato enters the events space; set to launch multi-city food carnival Zomaland . live . https://web.archive.org/web/20221111190949/https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/zomato-enters-the-events-space-set-to-launch-multi-city-food-carnival-zomaland/articleshow/67016027.cms . 11 November 2022 . 11 November 2022 . The Economic Times . d.
33. News: Zomato sells UAE business to Talabat owner . live . https://web.archive.org/web/20230103091431/https://gulfnews.com/technology/zomato-sells-uae-business-to-talabat-owner-1.62452901 . 3 January 2023 . 3 January 2023 . Gulf News.
34. Web site: Tandon . Suneera . 2019-09-07 . Zomato lays off 540 employees across customer support teams . live . https://web.archive.org/web/20210726012533/https://www.livemint.com/companies/news/zomato-lays-off-540-employees-across-customer-support-teams-1567852078631.html . 26 July 2021 . 2019-09-07 . Live Mint.
35. News: Zomato taps into grocery spurt amid Covid-19 lockdown; competes with BigBasket, Grofers, Swiggy, others . live . https://web.archive.org/web/20221001162102/https://www.financialexpress.com/industry/sme/zomato-launches-zomato-market-for-grocery-deliveries-compete-with-swiggy-amazon-bigbasket-grofers/1916952/ . 1 October 2022 . 19 June 2022 . Financial Express.
36. News: Bhushan . Ratna . 2020-04-18 . Zomato introduces contactless dining . live . https://web.archive.org/web/20210726012533/https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/zomato-introduces-contactless-dining/articleshow/75219105.cms . 26 July 2021 . 2020-06-05 . The Economic Times.
37. News: 27 May 2020 . Zomato, Swiggy launch alcohol delivery service in Odisha . live . https://web.archive.org/web/20200604234624/https://www.financialexpress.com/industry/sme/zomato-swiggy-launch-alcohol-delivery-service-in-odisha/1971433/ . 4 June 2020 . 2 June 2020 . The Financial Express.
38. News: www.ETtech.com . 15 May 2020 . Zomato to lay off 13% of its staff as Covid-19 severely impacts food ordering business . live . https://web.archive.org/web/20240215165430/https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/zomato-to-lay-off-13-of-its-staff-as-covid-19-severely-impacts-food-ordering-business/articleshow/75756434.cms?from=mdr . 15 February 2024 . 2020-05-21 . The Economic Times.
39. News: 5 June 2020 . Zomato Gives Up Grocery Plans As It Shifts Focus Entirely To Food Delivery . live . https://web.archive.org/web/20220628122217/https://inc42.com/buzz/zomato-gives-up-grocery-plans-as-it-shifts-focus-entirely-to-food-delivery/ . 28 June 2022 . 19 June 2022 . Inc42 Media.
40. News: 24 April 2021 . Zomato Exits Alcohol Delivery Due To Cashburn Even As Swiggy Stays Put . live . https://web.archive.org/web/20220619125912/https://inc42.com/buzz/zomato-exits-alcohol-delivery-due-to-cashburn-even-as-swiggy-stays-put/ . 19 June 2022 . 19 June 2022 . Inc42 Media.
41. Web site: Choudhury . Saheli Roy . 2021-07-23 . Shares of Indian food delivery start-up Zomato jump over 80% in market debut . live . https://web.archive.org/web/20230407171100/https://www.cnbc.com/2021/07/23/zomato-ipo-indian-food-delivery-start-up.html . 7 April 2023 . 2021-08-17 . CNBC.
42. News: Zomato has officially pulled out of all international markets . live . https://web.archive.org/web/20230222062235/https://www.businessinsider.in/business/corporates/news/zomato-has-closed-all-international-operations-in-uk-us-singapore-and-lebanon/articleshow/87639773.cms . 22 February 2023 . 22 February 2023 . Business Insider.
43. News: Mittal . Apoorva . 22 April 2022 . Zomato's 10-minute food delivery goes live in Gurgaon today . live . https://web.archive.org/web/20220619140927/https://economictimes.indiatimes.com/tech/technology/zomatos-10-minute-food-delivery-goes-live-in-gurgaon-today/articleshow/90994725.cms . 19 June 2022 . 19 June 2022 . The Economic Times.
44. Web site: 2022-08-31 . Zomato launches 'Intercity legends': Now order food from other cities, here's how it will work . live . https://web.archive.org/web/20220902060125/https://indianexpress.com/article/technology/tech-news-technology/zomato-intercity-legends-order-food-from-other-cities-how-it-will-work-8122122/ . 2 September 2022 . 2022-09-02 . The Indian Express.
45. News: 8 November 2022 . Zomato Pay is now live for customers in Delhi, Mumbai, Bengaluru & other cities . live . https://web.archive.org/web/20221111200809/https://www.livemint.com/companies/news/zomato-pay-is-now-live-for-customers-in-delhi-mumbai-bengaluru-and-other-cities-11667902202430.html . 11 November 2022 . 11 November 2022 . mint.
46. News: Popular food review website leaves Australia . live . https://web.archive.org/web/20230314200852/https://www.9news.com.au/national/zomato-food-review-website-leaves-australia/82d3b413-046d-46ba-a8d5-5ef65326c644 . 14 March 2023 . 14 March 2023 . 9News.
47. Web site: Sarkar . Gargi . 2023-06-29 . Zomato Unveils Multi-Restaurant Cart Feature . live . https://web.archive.org/web/20230630053238/https://inc42.com/buzz/zomato-unveils-multi-restaurant-cart-feature/ . 30 June 2023 . 2023-06-30 . Inc42 Media.
48. News: Zomato launches hyperlocal delivery service Xtreme to leverage 3-lakh strong delivery fleet . 13 November 2023 . The Economic Times.
49. News: 2024-08-01 . Zomato to launch District app for dining out, events, ticketing biz . 2024-08-02 . The Economic Times . 0013-0389 . 2 August 2024 . https://web.archive.org/web/20240802114655/https://economictimes.indiatimes.com/tech/technology/zomato-launches-district-app-for-dining-out-events-ticketing-biz/articleshow/112194265.cms?from=mdr . live .
50. News: Info Edge invests $10M afresh in Zomato, values firm at around $55M . live . https://web.archive.org/web/20230103094921/https://www.vccircle.com/info-edge-invests-10m-afresh-zomato-values-firm-around-55m . 3 January 2023 . 3 January 2023 . VCCircle.
51. Web site: 6 November 2013 . Sequoia leads $37M funding round in Zomato . dead . https://web.archive.org/web/20160302143912/http://www.vccircle.com/news/technology/2013/11/06/sequoia-leads-37m-funding-round-zomato . 2 March 2016 . 15 November 2016 . Vccircle.com.
52. Web site: Shahi . Twishy . Zomato raises US$60M from Vy Capital, Info Edge and Sequoia . live . https://web.archive.org/web/20211023214326/https://e27.co/zomato-raises-us60m-from-vy-capital-info-edge-and-sequoia-20141119/ . 23 October 2021 . 2020-07-31 . e27.
53. Web site: 2016-03-05 . Zomato raises $60 million from Vy Capital, Info Edge & Sequoia - timesofindia-economictimes . dead . https://web.archive.org/web/20160305122754/http://articles.economictimes.indiatimes.com/2014-11-19/news/56265854_1_pankaj-chaddah-zomato-deepinder-goyal . 2016-03-05 . 2020-02-21.
54. Web site: 2015-12-08 . Zomato raises Rs 311 crore from existing investors - timesofindia-economictimes . dead . https://web.archive.org/web/20151208144742/http://articles.economictimes.indiatimes.com/2015-04-11/news/61041493_1_info-edge-300-crore-zomato-media . 2015-12-08 . 2020-02-21.
55. News: 8 September 2015 . Zomato raises $60 mn from Temasek and Vy Capital . live . https://web.archive.org/web/20160704174948/http://www.business-standard.com/article/companies/zomato-raises-60-mn-in-fresh-round-of-funding-115090700966_1.html . 4 July 2016 . 18 March 2017 . Business Standard India.
56. News: Srinivasan . Supraja . 1 February 2018 . Zomato Raises $200 million from Ant Financial . live . https://web.archive.org/web/20220617222852/https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/zomato-raises-200-million-from-ant-financial/articleshow/62746355.cms . 17 June 2022 . 17 June 2022 . The Economic Times.
57. News: 2018-10-13 . Ant Financial puts another $210 million in Zomato . live . https://web.archive.org/web/20210724213109/https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/ant-financial-puts-another-210-million-in-zomato/articleshow/66191992.cms . 24 July 2021 . 2018-10-15 . The Economic Times.
58. News: 2020-09-03 . India's Zomato raises $62 million from Temasek . live . https://web.archive.org/web/20200904055315/https://techcrunch.com/2020/09/02/indias-zomato-raises-62-million-from-temasek/ . 4 September 2020 . 2020-09-03 . TechCrunch.
59. News: 2020-10-15 . Food delivery unicorn Zomato raises Rs 379 cr from US investor Kora . live . https://web.archive.org/web/20211111124639/https://www.business-standard.com/article/companies/food-delivery-unicorn-zomato-raises-rs-379-cr-from-us-investor-kora-120101501744_1.html/ . 11 November 2021 . 2020-10-15 . BusinessStandard.
60. News: 23 February 2021 . Zomato raises $250 million in funding from Tiger Global, Kora and others . live . https://web.archive.org/web/20210726012527/https://www.thehindu.com/business/zomato-raises-250-million-in-funding-from-tiger-global-kora-and-others/article33910204.ece . 26 July 2021 . 14 March 2021 . The Hindu.
61. Web site: Inc42 . 5 September 2018 . Zomato Acquires Food Startup TongueStun for $18 Mn . live . https://web.archive.org/web/20180907184417/https://inc42.com/buzz/zomato-acquires-food-startup-tonguestun-for-18-mn/ . 7 September 2018 . 7 September 2018 . Inc42.com.
62. Web site: 2016-07-15 . Zomato buys New Zealand's MenuMania for Rs 5 crore - timesofindia-economictimes . dead . https://web.archive.org/web/20160715183021/http://articles.economictimes.indiatimes.com/2014-07-01/news/51002805_1_deepinder-goyal-zomato-restaurant-discovery . 2016-07-15 . 2020-02-21.
63. Web site: Pani . Priyanka . 22 August 2014 . Zomato acquires Lunchtime, Obedovat for $3.25 mn . live . https://web.archive.org/web/20230806095949/https://www.thehindubusinessline.com/companies/zomato-acquires-lunchtime-obedovat-for-325-mn/article20849449.ece . 6 August 2023 . 15 November 2016 . Thehindubusiness.line.com.
64. News: Borpuzari . Pranbihanga . 23 September 2014 . Zomato acquires Poland's Gastronauci, fourth acquisition in three months . live . https://web.archive.org/web/20170831055438/http://economictimes.indiatimes.com/small-biz/startups/zomato-acquires-polands-gastronauci-fourth-acquisition-in-three-months/articleshow/43221146.cms . 31 August 2017 . 12 August 2015 . The Economic Times.
65. News: Verma . Shrutika . 19 December 2014 . Zomato buys Italy's Cibando, to enter 15 more countries in 2015 . live . https://web.archive.org/web/20161226221555/http://www.livemint.com/Companies/TEMTtnEVWTKBdM2GfXsGLI/Zomato-buys-Italys-Cibando-to-enter-15-more-countries-in-2.html . 26 December 2016 . 26 December 2016 . Livemint.com.
66. News: Dunn . Matthew . 15 January 2015 . Restaurant discovery service Zomato buys Urbanspoon for $60 million . live . https://web.archive.org/web/20170921202604/http://www.news.com.au/technology/online/social/restaurant-discovery-service-zomato-buys-urbanspoon-for-60-million/news-story/0424ab73be6fede85b53c97de6e107d5 . 21 September 2017 . 21 September 2017 . News.com.au.
67. News: 30 January 2015 . Zomato strikes 7th deal, buys Turkish firm . live . https://web.archive.org/web/20150721114818/http://www.business-standard.com/article/companies/zomato-acquires-turkey-s-mekanist-115012900342_1.html . 21 July 2015 . 12 August 2015 . Business Standard India.
68. News: www.ETtech.com . Zomato acquires restaurant POS company MaplePOS . live . https://web.archive.org/web/20170307085523/http://tech.economictimes.indiatimes.com/news/internet/zomato-acquires-restaurant-pos-company-maplepos/46921585 . 7 March 2017 . 2020-07-31 . The Economic Times.
69. News: Borpuzari . Pranbihanga . Zomato acquires US-based Nextable, to rename it Zomato book . live . https://web.archive.org/web/20220617222853/https://economictimes.indiatimes.com/small-biz/startups/zomato-acquires-us-based-nextable-to-rename-it-zomato-book/articleshow/47016681.cms . 17 June 2022 . 17 June 2022 . The Economic Times.
70. News: Chanchani . Madhav . 2016-09-27 . Zomato acquires logistics tech startup Sparse Labs . live . https://web.archive.org/web/20180826113455/https://economictimes.indiatimes.com/small-biz/startups/zomato-acquires-logistics-tech-startup-sparse-labs/articleshow/54521541.cms . 26 August 2018 . 2018-08-26 . The Economic Times.
71. News: Sen . Anirban . 2017-09-13 . Zomato acquires food delivery start-up Runnr . live . https://web.archive.org/web/20180829110107/https://www.livemint.com/Companies/W8wu28THxovZpVYufEvrnL/Zomato-acquires-delivery-startup-Runnr.html . 29 August 2018 . 2018-08-29 . Livemint.com.
72. News: Inc42 . 5 September 2018 . Zomato Acquires Food Startup TongueStun for $18 Mn . live . https://web.archive.org/web/20180907184417/https://inc42.com/buzz/zomato-acquires-food-startup-tonguestun-for-18-mn/ . 7 September 2018 . 7 September 2018 . Inc42 Media.
73. News: Zomato buys Tech Eagle Innovations to work on drone - based food delivery . live . https://web.archive.org/web/20190212011820/https://tech.economictimes.indiatimes.com/news/startups/zomato-buys-tech-eagle-innovations-to-work-on-drone-based-food-delivery/66951972 . 12 February 2019 . 2019-02-11 . The Economic Times.
74. Web site: 2018-12-05 . Zomato acquires Lucknow-based startup TechEagle for drone-based food delivery in India . live . https://web.archive.org/web/20190820091203/https://www.hindustantimes.com/tech/zomato-acquires-techeagle-for-drone-based-food-delivery/story-pgWaYGMNi7n8RQNVrmEYeP.html . 20 August 2019 . 2019-08-20 . Hindustan Times.
75. News: Bhargava . Yuthika . 2020-01-21 . Zomato acquires Uber Eats business in India in an all-stock deal . live . https://web.archive.org/web/20200121165754/https://www.thehindu.com/business/zomato-acquires-uber-eats-business-in-india/article30612468.ece . 21 January 2020 . 2020-01-21 . The Hindu . 0971-751X.
76. Web site: July 2021 . Zomato Seeks CCI Approval To Acquire 9.3% Stake In Grofers . live . https://web.archive.org/web/20230410031830/https://www.moneycontrol.com/news/business/startup/zomato-seeks-cci-approval-to-acquire-9-3-stake-in-grofers-7112681.html . 10 April 2023 . 2021-07-02 . Moneycontrol.
77. Web site: 24 June 2022 . Zomato acquires Blinkit for $568 million in instant-grocery delivery push . live . https://web.archive.org/web/20220706062709/https://techcrunch.com/2022/06/24/zomato-blinkit/ . 6 July 2022 . 2022-07-05 . TechCrunch.
78. Web site: Tech in Asia - Connecting Asia's startup ecosystem . live . https://web.archive.org/web/20170608153152/https://www.techinasia.com/zomato-hacked-indian-online-startups-security-granted . 8 June 2017 . 18 May 2017 . Techinasia.com.
79. News: Thomas . Anu . Zomato hacked - Security breach results in 17 million user data stolen . live . https://web.archive.org/web/20221126083621/https://economictimes.indiatimes.com/small-biz/security-tech/security/zomato-hacked-security-breach-results-in-17-million-user-data-stolen/articleshow/58729251.cms . 26 November 2022 . 26 November 2022 . The Economic Times.
80. News: 24 May 2017 . Zomato explains how it got hacked, and it's complicated: Here's a simpler explanation . live . https://web.archive.org/web/20221126083623/https://www.businesstoday.in/technology/news/story/zomato-explains-how-it-got-hacked-and-its-complicated-heres-a-simpler-explanation-77553-2017-05-24 . 26 November 2022 . 26 November 2022 . Business Today.
81. News: Nair . Divya . The 24 year old who wants to feed India . live . https://web.archive.org/web/20221126083624/https://www.rediff.com/getahead/report/the-24-year-old-who-wants-to-feed-india/20160929.htm . 26 November 2022 . 26 November 2022 . Rediff.
82. News: 9 July 2019 . Zomato acquires food donation start-up Feeding India . live . https://web.archive.org/web/20221126083624/https://www.livemint.com/companies/start-ups/zomato-acquires-food-donation-start-up-feeding-india-1562669599691.html . 26 November 2022 . 26 November 2022 . Mint.
83. News: Update: Now serving Two Lakh meals a day under the 'Daily Feeding Program' . live . https://web.archive.org/web/20221126083623/https://www.zomato.com/blog/feeding-india-update . 26 November 2022 . 26 November 2022 . Zomato.
84. News: 10 December 2022 . Rapper Post Malone arrives in Mumbai for his first India concert later today . live . https://web.archive.org/web/20231113175316/https://www.businesstoday.in/trending/entertainment/story/rapper-post-malone-arrives-in-mumbai-for-his-first-india-concert-later-today-355909-2022-12-10 . 13 November 2023 . 13 November 2023 . Business Today . en.
85. News: 13 June 2024 . Zomato sets Guinness World Record in Mumbai with this feat. See Deepinder Goyal's post . live . https://web.archive.org/web/20240615040103/https://www.hindustantimes.com/trending/zomato-earns-gwr-title-for-largest-first-aid-lesson-at-single-venue-boss-deepinder-goyal-salutes-heroes-of-india-101718269322238.html . 15 June 2024 . 15 June 2024 . hindustantimes.com.