July 14th, 2021Zomato's initial public offering was oversubscribed on an opening day with retail investors bidding for 2.7 times the number of shares reserved for them.
April 28th, 2021Food delivery company Zomato files for a $1.1 billion IPO and its initial investor Info Edge will gain $100 million in the initial public offering.
December 10th, 2018
Online restaurantdiscovery and food ordering platform Zomato has now entered the growing events space and has launched ZomatoEvents.
Amongst the other major Indian consumer internet startups that have entered the events space recently,are hospitality chains like OYO and Treebo.
“At Zomato, given ourfocus on food, we tend to...
October 29th, 2018Food delivery company Swiggy saw a revenue surge in FY18, with operating revenues more than trebling to Rs 442 crore from Rs 133 crore last year. The company has been growing more and more with time and became a unicorn expanding its geographic footprint across the country.
Starting from seven cities in March 2017, Swiggy has expanded...
October 15th, 2018The food delivery and restaurant discovery major Zomato has reportedly entered into a deal to raise funds amounting to $210 million (roughly Rs. 886 crores) from Alibaba's online payment platform Alipay Singapore.
This funding news has come a few weeks after the food-ordering platform announced the acquisition of TongueStun, a...
October 6th, 2018India’s food delivery sector is growing a lot these days. Restaurant discovery and food delivery firm Zomato recently claimed to have hit the 21 million monthly order run rate in India.
The company said that it saw its highest weekly order volume during the month of September touch 700,000 orders each day of the week. With this,...
September 22nd, 2018Online food delivery and restaurant discovery firm Zomato has ended the financial year 2017-18 with a 40% growth in revenues at Rs 466 crore. The firm also reduced its losses by almost 73% to come in at Rs 106 crore in FY18 as compared to Rs 390 crore last year.
According to the reports, the firm witnessed its standalone revenues...
