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vishakha Jangir
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Set2Score • 2m
𝗛𝗼𝘄 𝗱𝗶𝗱 𝗭𝗼𝗺𝗮𝘁𝗼 𝗯𝗲𝗰𝗼𝗺𝗲 𝘁𝗵𝗲 𝗡𝗼. 𝟭 𝗳𝗼𝗼𝗱 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝘆 𝗮𝗽𝗽 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮? Founded in 2008 in Delhi by entrepreneurs Deepinder Goyal and Pankaj Chaddah. Deepinder is an alumnus of IIT Delhi and IIM Ahmedabad, combining technical expertise with strong managerial insights, while Pankaj brings deep industry know-how and operational acumen. Launched initially as Foodiebay with a focus on detailed restaurant listings featuring menus, reviews, photos, and contact details; later rebranded to Zomato in 2010 to reflect a broader, international vision. Expanded services to include table reservations, food delivery, and grocery ordering in select markets. Currently lists over 100,000 restaurants across more than 24 countries, establishing a vast digital footprint in the global food ecosystem. Serves an estimated 80 million monthly active users, driving millions of interactions and engagements on its platform. Processes roughly 1.5 million orders per day, positioning itself as a dominant player in the food tech industry. Achieved a multi-billion dollar valuation, with its 2021 IPO reaching a market capitalization of around $5 billion. Generated annual revenues exceeding $600 million in FY21 through diversified income streams, including advertising, sponsored listings, subscription services (Zomato Gold/Pro), delivery commissions, and premium restaurant partnerships. Leverages advanced AI and data analytics for personalized recommendations, real-time order tracking, and integrated digital payment solutions. Adapted swiftly during the COVID-19 pandemic by implementing enhanced safety measures and contactless delivery options, ensuring sustained user engagement and growth in order volume. Follow vishakha Jangir for more such business insights.
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