Zomato
Zomato is a food delivery and restaurant hunting company launched in 2010 by Deepinder Goyal and Pankaj Chaddah. It is one of the key players in India’s food tech industry.
Having started in India, Zomato expanded internationally by gradually entering countries including the US, UK, UAE, Australia, and some in Europe and Asia. However, in November 2021, it stopped its services everywhere except India and the United Arab Emirates.
Zomato also launched its initial public offering (IPO) in July 2021 and was one of the largest in India’s tech sector. In 2022, Zomato acquired Blinkit for $550 million.
Zomato also has a platform called Hyperpure, which allows restaurants to purchase supplies ranging from condiments to veggies and eco-friendly packaging.
It also organises an annual carnival, Zomaland, which offers a variety of culinary experiences, with live performances by musicians and comedians.
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FoodTech
Zepto Café daily orders hit 75,000, up 50% month-on-month: CEO Aadit Palicha
Bhuvana Kamath | February 8, 2025
Originally part of Zepto’s quick commerce app, Zepto Café was launched as a standalone app to capitalise on the surging demand for 10-minute food delivery.
Daily Capsule
Inside Ola Electric’s Q3 report card; Modernising India’s mukhwas industry
Team YS | February 8, 2025
Ola Electric’s Bhavish Aggarwal stressed the rise in third-quarter gross margin percentage while abating investor concerns regarding its widening losses and decline in revenue for the period.
Food and Beverages
South Indian traditions come alive at Delhi’s new canteen-style restaurant
Geetika Sachdev | February 8, 2025
Dakshin Canteen, led by chef-entrepreneur Ruchira Hoon, showcases the rich diversity of south Indian food with a menu featuring a blend of traditional and contemporary small plates, curries, and more.
Funding
Hiring platform Vahan.ai secures investment from Persol Group
Sai Keerthi | February 7, 2025
The company will use the newly raised funds to scale its operations and focus on hiring needs of emerging sectors in India.
Daily Capsule
Udemy riding the GenAI wave; Building a fashion brand
Team YS | February 7, 2025
Online learning and teaching platform Udemy is riding the GenAI wave. It offers instructor-led courses and regional language options for local learners, all while leveraging AI to enhance learning experiences. President and CEO Greg Brown tells YourStory more about the company’s plans.
Funding
Info Edge commits $115M to third venture fund
Anuj Suvarna | February 6, 2025
Info Edge's venture funds are a collaboration with Temasek, Singapore's sovereign wealth fund, and the latest fund is estimated to exceed Rs 2,000 crore ($230 million).
FoodTech
Zomato umbrella company to now be called Eternal, announces CEO Deepinder Goyal
Akshita Toshniwal | February 6, 2025
Eternal is expected to be at the helm of the company's house of brands strategy with four major businesses under it—Zomato, Blinkit, District, and Hyperpure
