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đđźđ đąđśđą đđźđşđŽđđź đŻđ˛đ°đźđşđ˛ đđľđ˛ đĄđź. đ đłđźđźđą đąđ˛đšđśđđ˛đżđ đŽđ˝đ˝ đśđť đđťđąđśđŽ? 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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⢠Deepinder Goyal enters billionaire club as his holding in Zomato crosses $1 Bn worth ! ⢠Zomato's share price has increased by over 300% since its low in July 2023, leading to the surge in Deepinder Goyal's net worth. ⢠Goldman Sachs values Blink
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Medial â˘Â 7m
Zomato: A Menu That Changed the Game In 2008, Deepinder Goyal noticed a simple problem, his colleagues were wasting time hunting for restaurant menus. Instead of ignoring it, he turned the problem into an idea:- scanning and uploading menus online.
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Is it feasible to build a not-for-profit organization that competes directly with Swiggy and Zomato (restaurant discovery and food delivery platforms)? What would the challenges be, and how might one structure such an organization to succeed in this
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Rapido is in discussions with restaurant owners to introduce food delivery services on its platform. This move signals its entry into a market dominated by Swiggy and Zomato. By adding food delivery, Rapido aims to leverage its existing bike taxi ne
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Medial â˘Â 6m
Day 2 of The Indian Startup War Stories: Zomato vs. Swiggy â The Food Delivery Bloodbath This wasnât just a fight for orders. It was a war for who controls how India eats. Two giants, Zomato and Swiggy, turned food delivery into an addiction. But b
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