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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News
Markets bounce back after falling in opening trade on fresh foreign fund inflows
Press Trust of India | March 21, 2025
The BSE benchmark gauge traded 205.09 points higher at 76,550.97, and the Nifty quoted 70.05 points up at 23,262.55.
News
Zomato is now Eternal, MCA approves name change
Press Trust of India | March 21, 2025
The shareholders of Zomato had earlier this month approved a special resolution to rename the firm 'Eternal'.
Daily Capsule
Swiggy launches new app; Women dealing with cancer
Team YS | March 20, 2025
Swiggy has built B2B app Assure for restaurants to source supplies. Women with cancer navigate economic hardships, stigma, and often endure treatment alone.
FoodTech
Swiggy launches Assure, a B2B app for restaurants to source supplies
Akshita Toshniwal | March 19, 2025
Swiggy’s new app puts it in direct competition with rival Zomato’s B2B restaurant supplies business Hyperpure.
Daily Capsule
An AI tool to monitor newborn health; Scaling Mt Everest with YouTube videos
Team YS | March 19, 2025
Until last year, ASHA worker Jyotsna Suresh Patel in Daman’s Kachigam village carried a heavy weighing scale to weigh newborn babies. The process was long and she struggled to ensure accurate readings while soothing anxious mothers. AI is now helping her accurately weigh babies in seconds.