He added that earlier large orders were handled by multiple delivery partners and the customer experience was not what the company aspired for.
By integrating Simpl's 1-Tap Checkout into Zomato, both companies anticipate the participation of millions of new and existing users, broadening…
The company recorded an increase in total expenses, reaching Rs 3,383 crore, up from Rs 2,485 crore in the same period last year
The Tata Neu app currently features a food category section, displaying menus exclusively from restaurants affiliated with the Tata Group's…
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Zomato announced that its subsidiary, Zomato Payments Pvt Ltd has received approval from the RBI to function as a payment aggregator.
This move follows the company's introduction of the platform fee model in April 2023, where an initial extra charge of Rs 2 was applied to…
The investment is part of Zomato's series-I financing round.
It's a significant 7 million up from the previously disclosed 21 million run rate for October.
The move comes after FSSAI had directed the food delivery platforms to de-list all unlicensed and non-registered restaurants from their listings.
Prior to joining Zomato, Thomas was partner at legal firm Khaitan & Co.
Ctrip is in talks to invest around $100 million in online restaurant discovery and food-delivery platform Zomato.
FSSAI, in July, had instructed all major foodtech players to delist non-compliant restaurant partners to ensure food hygiene and safety.
The Gurugram-headquartered company implemented a uniform flat platform fee in August 2023, initially set at Rs 2 per order and subsequently raised to…
Zomato's CEO, Deepinder Goyal, dismissed reports of a $2 billion acquisition offer for Shiprocket, affirming that the company currently isn…
“10 new investors are joining us in our journey,” added his tweet whose list includes Tiger Global, Kora, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae, and Steadview.
Takeaway also provides another avenue to access more customers to the restaurant partners and further grow their business, it further mentioned.
The investment has come at a time when Zomato said its sales volumes have touched pre-Covid-19 levels.
In July, it reported that its FY20 India Food Delivery GMV grew by 108% over FY19.
Zomato has implemented 8 Max Safety measures to ensure utmost safety of food.
It acquired Uber Eats India business in January 2020 which helped propel them to market leadership in this hotly contested space.
Ant Financial has invested close to $560 million in Zomato, giving it a stake of more than 25 percent in the company.
These players have partnered with top brands like Marriott, ITC, RitzCarlton to name a few who generally operate in fine dining spaces.
The food delivery platform has earlier laid off 520 employees or 13% of its workforce in its huge retrenchment exercise owing to the Covid-19 pandemic.
Zomato ‘contactless dining' is going to be an important safety net for restaurants as well as diners to minimize human contact.
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