Zomato made ₹12,114 crore in FY24, growing 71% mainly through food delivery, Hyperpure, and Blinkit. Despite expenses of ₹12,670 crore, including procurement and delivery costs, Zomato turned profitable with ₹351 crore profit after tax.
Zomato Finances of this year:::
Revenue: 5405 cr
Expenses: 5533 cr
Loss:128 cr
Non operating income (invested in FD, IPO and from other places): 252 cr
Income- Loss=124 cr
After tax: 59 cr
Means, Zomato is earning from interest and FD's than actual
Is 100 cr enough at early stage to start a company like Zomato. If no thn how much money needed to start a company like Zomato and where can we use of that money.
Zomato’s Gold Rush
Revenue in FY 2013:
Zomato: 11Cr
Dominos’ India: 1,407 Cr
Revenue in FY23:
Zomato: 7,079 Cr (700x)
Domino’s India: 5,200Cr (3.5x)
Domino’s India took a whopping 27 years to reach 0.75 of Zomato’s Revenue.
Is Zomato selling
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LIKHITH
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Medial • 6m
Welcome to Business Stories #3
Zomato's Case Study
■Introduction
Introduction !? ...Everybody know Zomato ;)
■Initial Phase Struggles
●Scaling: Manganing Expanding operation was a headache
●Revenue:Finding long term income sources
●Tech Issue:
Why there is no another Zomato Swiggy happening in the country ? Is it the reason that initially it is a heavy cash burning business or any other reasons ? Also i think another zomato swiggy will happen but it is just too early right now for the ma